| Here's what I find most interesting about what has happened to the middle-class in America: When the middle-class in America was booming, you would have had to be crazy to leave America. Good job. Nice car. Family and a house? You're set! Why leave? Another way of viewing what has happened in the US over the past 20 years or so, is that the US middle-class is falling back to earth. Now the average middle-class family in America could move to just about anywhere in Europe and enjoy a pretty similar lifestyle to what they currently have in the US. Sure, gas is still more expensive and clothing is still a bit pricy, but it's nothing like it was in the 80s and early 90s. (I still remember seeing electric razors advertised for the equivalent of $150 on my first trip to Germany when the equivalent model in the US would've cost no more than $50.) Take that one step further, and the average American family could now potentially consider a move to one of the BRIC or CIVITS nations, and they would find themselves with only slightly less access to the luxuries they might expect in the US. Why is this important? Because I think that for the first time in the history of human kind, we might just be reaching the point where the choice of where to live and work could be made based solely on things like the climate or the culture instead of on things like "Can I eat?" or "Will I have a roof over my head?" That would be a world I would want to live in... |
I don't think many people in Europe spent a large amount of time wishing they lived in the US, I don't think many do now. Europe is not some sub-standard America. When the pound was strong (2:1 against the dollar), British people could come to the US and have comparable, if not better, buying power than Americans. There was not a large number of people wishing they could live in the US. Nice place to visit, though.
Consuming stuff, and attaining status based on it, is not unique to America, but my experience shows its more highly-prized. It's a good, visual metric for your progression, and I get that. When I lived in New Zealand, it was positively brutal to be a consumer of much of anything. I was on an above average wage (as my first job), and I still couldn't really afford much in the way of furniture or electronics. However, my quality of life was so good, it didn't matter. They had a wonderful community, a relaxed working atmosphere, and good people.
Americans could move to NZ tomorrow (particularly those in IT). You're trading in one idealism for another, but it certainly never had anything to do with "Can I eat?" or "Will I have a roof over my head?" but "What do I value?"
Personally, as a Brit, I'm quite enamored with burritos, Costco, and sunshine, so I like it here in CA. But that's a choice I made, and it never had anything to do with how much money I have.