Comment by dgellow

Americans do indeed have high standard of living, and the median income is high in absolute value, however the country has way more than 2 big flaws. US households have a high level of debts and a rate of personal savings trending down. The government is following an explicit inflationary strategy by actively devaluing its currency and applying tariffs. The national debt has been increasing very significantly without any plan to ever pay it back.

That’s without taking in consideration all the political instability caused by Trump administrations: the destruction of US soft power worldwide, anti-science stances, rise in theocratic and fascistic ideologies, imperialistic tendencies, institutionalized racism making a come back, human right violations, war crimes, the normalization of blatant corruption by the country leadership, etc.