[grecy]

The US not having healthcare and higher education for all is a big factor. They also have worse infrastructure (condemned bridges in use...)

So you get low taxes and lots of money into your pocket, but then you fork it out again. Remember, those grads landing a job at a FAANG have hundreds of thousands in student debt that is attracting interest to pay back.

It’s also the cheapest developed country to buy “stuff” For similar reasons - cars, appliances, electronics. Even food, beer and cigarettes are drastically cheaper than other Developed countries.

[refurb]

The US not having healthcare and higher education for all is a big factor.

It's a big factor in wages? I mean my employer was paying $24,000/yr for my families healthcare plan on top of my salary. You'd think it would push wages down, not up.

But regardless, there is plenty of healthcare (my friend's friend came from Thailand on a green card and signed up for free Medicaid right away) and higher education ($10k/yr for tuition at a top-ranked global school is pretty good in my opinion).