“The halcyon days of 50s aren’t coming back “
How come real per capita income in the USA has quadrupled since the 1950’s, but people in 2024 just have “unrealistic expectations” about living the same as a blue collar worker back then ?
https://fred.stlouisfed.org/series/A939RX0Q048SBEA/
A 1950 dollar is worth $12.95 today.
At the same time automation has increased productivity.
And people have higher prices.