For John, BLUF: I blame Trump. Nothing to see here; just move along.
Here is the sub-headline:
Living Standards Are Markedly Higher in the United States
From , by Mr Daniel J. Mitchell, 2 April 2016.
Yes, an oldie, but it is a goodie.
There is some verbiage, some discussion of comparisons.
So, back in 2014, before our current economic takeoff, the Per Capita GDP was as follows (Samples from the table presented):
So, bad as things are, they are pretty good in the United States. And, now, half of the people in the world are in the "Middle Class", even if only by their finger nails.
Hat tip to the InstaPundit.
Regards — Cliff