Yes, There will be alot of aspects that are common between the 2 but if the people prosper, the US economy could suffer if the people are prospering because of imports.
The Economy could prosper and the people not because of high labor prices
If a large number of people in any country ,US included, are on income plans claiming mental illness, that financial burden drags down a country. You don't fix mental, it is a drain.
You find something those people can do to earn a wage if it is something as simple as sweeping floors
