Otherwise known as standard of living, or collective quality of life.
Since we don’t produce things in the US anymore (relatively speaking) our standard of living should be falling. That correction has been staved off for the last 50 years by the government subsiding a pseudo standard of living at the expense of the future (debt). The crash is going to be hard.
A nation with the natural resources of the USA should and can be 100% self sufficient manufucting.