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| Do Americans Have An Entitlement To A Constantly Improving Standard Of Living Greater Than The Rest Of The World? Americans appear to have some unfortunate notion that by simply being Americans, they have an entitlement to a superior and increasing standard of living. Incorrect. That may have appeared to be the truth for some decades, however they will be in for a really agonizing surprise. An ever more global economy is a reality, and while the topic is somewhat over-worked, it's true that Americans can not demand to be paid handsomely for similar work that Asians are willing to do at a cheaper wage. Neither can businesses in India, China, etc., hope to have the ability to always pay those low wages forever. There probably will be some sort of a "meeting in the middle" over the coming years with Asian incomes rising and American paychecks falling. That's great news for Asians, but not so great for a lot of Americans. To a large degree, Americans are living off the heritage of our former small-government, free-market, capitalist economy which was the engine that supplied the growing standard of living Americans used to enjoy and modern day Americans appear to expect. I say former, simply because we have anything but that any longer. The central government attempts to regulate wealth creation even though producing zero wealth whatsoever. Its major products are rules, unsuccessful programs, and aggressive foreign wars. None of these has a constructive impact on the wealth of this nation, and I believe the "military-industrial complex" that President Eisenhower warned us about may be the most detrimental factor of all. In any case, given his armed forces experience he sure must have known all about it. War is horribly expensive, and as we have seen, as soon as we start one the mindset becomes one of "we need to have victory thus we have to spend whatsoever is necessary to attain it." Seems like a route to national bankruptcy. Think about what could have been accomplished with the money we've spent on these wars. And that does not even include the social costs to people and families. The point is, downsizing on a family level will be the new thing to do, whether we like it or not. A continuously increasing standard of living comes from private savings and investment, productive labor, and a political setting established by a government that doesn't behave like business growth will proceed regardless of what the government might choose to do to obstruct it. To the degree those factors are missing, so also will increasing private wealth be outside our grasp. One does not have to like the laws of economics, and one can employ the services of individuals with flawed ideas to obtain the answers one would like, however the facts remain the same. 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