Is America Number 1?

Is America Number 1? And if so, number 1 in what? Government? Economy? Culture? What makes a country prosperous? Democracy? The U.S. and India both have democracy, but only one is prosperous. Natural resources? Hong Kong and the U.S. are both prosperous, but only one is rich in natural resources. John Stossel argues that what makes a country prosperous is rule of law and economic freedom.