you are wrong about wage growth. take out government workers, remove wage gains of those making $250K+, private sector middle class workers are falling behind. and pension snd medical are being cut too. and offshoring proceeds unabated.
the polls on the economy are what they are.
I'm going by the government's latest report.
Government workers don't make nearly as much as those in comprable positions in the private sector do, so your alleged influx of government jobs wouldn't explain why wealth is at an all time high. Indeed, if government jobs were a greater parter of the mix, wealth should actually go down.
You forget the other side of outsourcing: it controls inflation. If prices are higher, people don't buy, or they buy less. That's very bad for the economy.
We live in the information age now, when non-tangibles like ideas and service are valued commodities.
And how come we weren't wealthier forty years ago, when we were a manufacturing based economy, rather than the service based one we are today?