The Economist Magazine provides a world view on how countries are doing for their citizens … The report speaks to quality of life and satisfaction providing an index that measures each country’s status, like a report card, on its population.
The USA used to be number 1 in this index as early as 1988. Today it has fallen to 16th.
This precipitous fall during the last quarter century (1988 to 2012) is a result of the American obsession with taxes, healthcare and education… Not an obsession to fix these things but an incapacity to do so ..
Read the Economist report, it may be an important wakeup call to the 1% who seek more and more while the country cracks and crumbles…
“The life satisfaction scores for 2006 on scale of 1 to 10 for 130 countries from the Gallup Poll are related in a multivariate regression to various factors. As many as 11 indicators are statistically significant. Together these indicators explain some 85% of the inter-country variation in life satisfaction scores. The values of the life satisfaction scores that are predicted by our indicators represent a countrys quality of life index. The coefficients in the estimated equation weight automatically the importance of the various factors. We can utilise the estimated equation for 2006 to calculate index values for year in the past and future, allowing for comparison over time as well across …”