I’m not so sure about that. Retirees for example won’t add to their income and will see increases. True boomers are almost retired but X has begun and they definitely are technologically involved.
True that. Another generational difference between Boomers and X'ers is that, looking only at the ones who prepared for retirement, the X'ers had a higher proportion of DIY 401K and Roth IRA investors, while a higher portion of Boomers counted on pensions.
In other words, if your retirement planning is depending mainly on pensions and SS checks, then you're right that retirement income won't increase with more manufacturing jobs here. But if your retirement planning is mainly centered on investments, then America's middle class growing would mean your investment accounts growing and your annual 4% withdrawals will go up accordingly (your retirement income keeps up with inflation).