Jobs. Before COVID, the US had historically low unemployment and high material standard of living (despite asset share growing in the 1%). Even accounting for

Jobs. Before COVID, the US had historically low unemployment and high material standard of living (despite asset share growing in the 1%). Even accounting for different ways to count unemployment, the US, generally a somewhat lower tax jurisdiction, tends to have lower unemployment and higher salaries. (Healthcare of course is the big ticket item generally not well accounted for in the comparisons)