Standard of living is not dropping. Real wages are dropping, but technology and efficience improvements more than cover the difference. Yes, income inequality i

Standard of living is not dropping. Real wages are dropping, but technology and efficience improvements more than cover the difference. Yes, income inequality is growing, and that is a fairness problem. But no one would prefer a random spot in 1980s USA over 2010s USA, by an objective measure of overall economic wealth.