[dragonwriter]

> If wages are stagnant and goods are getting cheaper, then you are getting richer. I see this "stagnant wages" meme brought up all the time, but I don't see why nobody ever talks about cost of goods.

Because the wages are stagnant in real (that is, inflation-adjusted) terms, which means that the cost of goods is already considered.

[ianai]

Considered for the most part. You will expectedly still be able to find goods and services that cost considerably more or less than in past, real terms.