At the end of Ronald Reagan's 8 yr. presidency (our last authentic conservative administration) America was the most prosperous nation in the world. Look at us now, per the comparative list below. Only Japan, Italy, and of course France, among our First World allies, have fallen further since 1988!
Iso
<To get a sense of how the mix has changed since the go-go days of the 1980s, when American babies seemed to have it all, let’s go back to the Economist, which updated the rankings of the best place to be born in late 2012. This time they included many more countries and used a broader set of indicators, including: material wellbeing (as measured by GDP per head), life expectancy at birth, the quality of family life, the state of political freedoms, job security, climate, personal physical security ratings, quality of community life, governance and gender equality.
The latest results are presented in the following table, along with the 1988 rankings (only the top 25 countries are shown):
<The US dropped from #1 to #16, or 14 places disregarding newcomers to the list, only closely surpassed here by Japan and Italy, both countries not exactly known for their economic dynamism of late....France did not even make it to the top 25, after ranking #3 in 1988. C’est la vie…>
zerohedge.com |
