USA - no longer the land of milk and honey, the and of the free

Every generation needs a revolution - an entrepreneurial revolution

USA when I was younger was reputed to be the land of milk and honey and everybody wants to be go to USA   It was everybody's dream.   People sold their belongings, waited for days at US embassy to get their B1 B2 visa to be TNTs later.    The Philippines best and brightest struggled to be there.  I did not.   It offered the  kind of life the conveniences and luxuries not found in the Philippines.

But all of that changed after I watched two videos:   that of homelessness and urban decay.  Perhaps brought about by Covid 19 and inflation.   Despite too many billionaires in USA it cant enter my mind that there are poor people there.  Where there is too much basketball and movies and basketball stars earn millions.   

At least if it is bad in our country, at least we know to be bad from the  start   At least we can build it up.  But decaying from prosperity, it looks like hard to accept  

US poverty rate. There are more young below poverty line to as high as 20+%

Now do we envy USA?  Is it is still our model  Let strive to have our own   A Filipino model of progress and sustainability.  

Homeless in the USA:

Poverty in USA

Infographics on Entrepreneurs in USA - True Power of Small Business in USA

Infographic from Entrepreneur.com

Great places to be born

CNN reported early this morning that the best place to be born is Switzerland.   Norway, Denmark and Australia are in the top 5.  Hong Kong is number 10. 

In l988, when the first survey was made, the top place to be born was USA;  it has now dropped to number 16.  What could be the reason (it was reported in some CBS news that l/4 of US children now experience poverty because of the slowdown in US economy since 2008.

What is the implication of this research findings to the economy?

Will there be more migration to Switzerland and Australia or HK?