In a 2011 report by the OECD, Australia ranks in the bottom five countries for overall poverty prevention, senior citizen poverty and investment in pre-primary education.
Australia does better in health and 'intergenerational justice', ranking in the top 16.
The US ranks in the bottom five in 5 out of 9 measures.
The top rating nations are Iceland, Norway, Denmark, Sweden and Finland.
Check it out in this New York Times article: America’s Exploding Pipe Dream.