Americans feel poor despite being orders of magnitude richer than most others because our gov. cannot provide cheaper public options to costly private goods. You don't need a big house if there's a vibrant public square, you don't need a car if there's a train every 5 minutes.
Americans feel poor despite being orders of magnitude richer than most others because our gov. cannot provide cheaper public options to costly private goods. You don't need a big house if there's a vibrant public square, you don't need a car if there's a train every 5 minutes.
The stock market is at record highs and life expectancy in the U.S. is decreasing. In the richest nation in the richest time in human history, 43% of Americans can’t pay their bills. Many of our most significant societal problems are also, not coincidentally, extremely profitable industries (fossil fuels, junk food, prescription drugs, and for-prof... See more
Yancey Strickler • Page Not Found – Collab Fund
Europeans aren't poor. They are illiquid. Much of Europe's wealth is stored in safe streets, nice parks, public transit, "free" healthcare, etc. which, it turns out, are too socially expensive for Americans to maintain. Americans take the money instead. The rest is only natural.