Comment by eloisant
6 hours ago
I don't think you realize the situation of the US middle class.
High education costs. High healthcare costs. One serious disease or accident can bankrupt you. Buying a house usually means a 30 years loans at 7% so after 10 years you still have 85% of capital left to pay off.
Salaries are higher but everything is more expensive, so in purchasing power parity it's basically the same.
Yes, I wrote that I prefer Europe