This has to do with the reality that ‘good jobs’ all but gone and all we can do is sell Made in China iPads to each other. Many hardworking people can’y find good jobs. And not everyone can go to Harvard or invent something.
Did people live with minimum wage in the 50’s, 60’s, 90’s?
Keep in mind, back then there was less stuff to buy. We didn’t have all of the gadgets we have today, heck a lot of families didn’t even have a car.
--or so we'd believe if we took the doom'n'gloom press' word for it, but you and I are working and most others are working and doing OK too. Sure, almost a tenth of America's workforce is between jobs, but that means more than 90% are working and together we Americans make more stuff than before and more than anyone else.