I like living in America for the most part. I do feel like family values and quality of life in general are going down the drain, but I don't think it's any worse than any other countries.
One thing I do feel is increasingly becoming a problem, especially for women, is being forced to choose between work or family. In many cases, one income is not adequate to support a family and so women are either forced to get jobs so that they can make ends meet or stay at home with their kids and have their family do without any "extras" and just live at a lower quality of life than is desirable for them. I think that it's very difficult to live comfortably and happily with one income if you have children.
I don't know if that's always been the case and I'm just becoming aware of it now that I'm an adult, or if that's more recent. I just know that when I was a child, none of my friends' mothers (including my own mother) worked and all of their families lived very well. I honestly can't think of a single mother in our neighborhood who had a full time job. We lived in a regular, middle class to upper middle class neighborhood so I don't imagine that all of these fathers were just hauling in uncommonly high salaries. We just all seemed to live pretty comfortably with one income, and I feel like that's not really the case anymore.
We are also going crazy with political correctness, to the point where I feel freedom of speech has become irrelevant because if you say something or express a view that hurts someone's feelings, you will be sued.