That's America.
We can't claim to have the best Health Care, the highest Happiness, nor the best Life Expectancy. The average worker toils longer hours with less vacation than his European counterpart, and brings home a smaller share of the GDP.
But if you win the economic lottery (i.e., you make it into upper management or the financial industry where you no longer produce) - you win bigger than anywhere else.
In Why is Washington Dithering with Unemployment High? Yves Smith gives a very even assessment - and the first step is to recognize the problem.
We absolutely have to break free of enacting policies that benefit the already financially elite, and attempt to restore a structure that more closely aligns with effort and merit. However, since the wealthy have consolidated their power, and are continually moving to lobby Washington for more, we have an uphill battle.
Especially since they've managed to get us to demonize our own power organizations, such as unions.
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