I am not sure that would be true for general population. Think from someone's point of view who does not have access to healthcare or social security or education. I am afraid, that is majority of our population. Some state govts do not have money to pay salaries of their employees.How many homes India has compared to population? How many times do you see people sleeping on middle of road in US? English speaking population has good earning prospects in general but that's just 5% of population.We have farmer's commiting suicide since they can't pay off loans. US farmers get so much subsidy that rest of the world is worried. As an Indian, I hope things reverse and we DO HAVE potential to do that.But as of today, we are just not comparable to US in terms of economy.