[freeflight]

> This goes all the way back to peak US economics of the 1960s and early 1970s, when the US had a standard of living that it has taken the best European nations 50 years to catch up to.

So the "best European nations" will have reached a living standard, like the US of 60/70s, by the year 2020?

I mean, I'm not even convinced the US currently is anywhere near the standard it had back then, so that claim sounds a bit bold.

Could you quantify that in any way? The UN's Human Development Index could be of great help for that, sadly they only started doing that since 1990. So how are you measuring "standard of living"?