Americans have by far the highest standard of living in the world. We aren’t smarter or harder working than everyone else, it’s our power to dictate to the rest of the world that gives us the easy life.
Yes.
But that easy life comes to an end, if the US loses its reserve currency. Right now, your country is running $3 trillion deficits now. Lose the reserve status and, if nothing changes, you might run $5 trillion deficits because of increase in interest rates.
We were freer which is why despite not working harder or being smarter the world owes us everything fr turning medical care into an actual science to ending mankind’s all time’s greatest killer famine. The US has put a halt to war in Northern and Western Europe for 80yrs. Enabling Romans and Parisians to live to 80yo without being warred on for the first time in a long time.
US is responsible for 45% of all new medical: drugs,procedures and equipment. It is 5% of every US HC bill and subsidizes every other HC system on earth.
I look around-flat screen. cell, computer chip, microwave not one thing descends from anywhere but the USA-most of it fr the DoD budget.
7.7 billion non Americans on earth and their collective contributions in recent generations to my life don’t exist.
—> Americans have by far the highest standard of living in the world.
On what statistic are you measuring this?
It appears Monaco, Lichtenstein, Switzerland, etc. outpace us…
Not per capita. Illegal immigration has lowered our standard of living quite a bit since 1980.
Top 10 Countries with highest Standard of Living in the World (2020)
10. Iceland and New Zealand — 88.45
9. United Kingdom — 88.58.
8. Netherlands — 88.65.
7. Norway — 88.70.
6. Sweden — 88.80.
5. Switzerland — 88.87.
4. Australia — 89.13.
3. Denmark — 89.39.
2. Canada — 89.49.
1. Finland — 90.09.
USA is 13.
https://finance.yahoo.com/news/15-countries-highest-standard-living-013358814.html