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An ever increasing quality of life, in the western world, honestly isn't needed. The Quality of Life for the Middle Class in the West is good enough.

The problem is, to bring everyone up to the 2015 standard of the West's middle class requires a helluva alot of growth.



From today:

India’s Economic Growth Hits Four-Year High

http://www.wsj.com/articles/indias-economic-growth-hits-four...

"India’s output growth accelerated to 7.5% last quarter, putting it ahead of China as the world’s fastest-growing large economy."

To be fair, some of the data presented is faked, but it's in the ballpark. It'd be good if India and the developing world were all growing faster, but they're still coming along at a nice clip.



Yeah, but its also the impoverished and "lower class" in the US and the rest of the West.

You need $30-$40k [depending on where you live in the US] per Adult to be middle class.




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