A more important point is why is it that Americans objectively are richer yet feel poorer?
I thought about this a lot. Some of it is expectation wrapped up in the American Dream. You work hard, and get those rewards. But that isn’t true because life isn’t fair and capitalism isn’t particularly humane or ethical.
Some of it is perceived. The people who strike gold without hard work expect to keep striking more gold, and when the yield shrinks you’re appalled because that’s not how things should be.
US is a deeply individualistic society, now more so than ever. We don’t always sacrifice for the common good, because they’re supposed to work hard just like me.
Anyway if you read all that, thank you.
Seems to me, the question is more why all that supposed prosperity doesn't translate to the living quality improvements one would expect.