Are you crazy or in denial? Are you not aware of the many publications released about how we are no longer even close to the prosperity of the 1940s-1970s as regular Americans?
Measured by the amount of labour required to live a comfortable life? You say we're better off now but can a typical skilled or semi skilled worker today support a family in a secure home as was the case in previous generations?
Measured by the amount of labour required to live a comfortable life?
How do you define a "comfortable life"? I'm thinking the goal posts are constantly moving and that's why people think things were better back in the 1970's. Not blaming anyone for it, it's the human condition to always want things to be better.
Let's see:
1940's - WW2, America is just coming out of a 15 year recession
1950's - Constant threat of nuclear war, Korean War, economically things are looking up
1960's - Numerous race riots, economy is still doing relatively well
1970's - Rampant inflation, rather stagflation, gas shortages
I've asked my family (older generations) and they agree things are way better now. And they aren't what you'd even call middle class.
Yes. I can support a family and own a house with an average income in the Midwest. I also don't have to work in a factory or destroy my body physically.
I can do it all from the comfort of a temperature controlled office.
Many people seem to think they need to live in New York or San Francisco to live the good life.