Things I have heard now for a generation: - Real wage growth is stagnant (and this is through the great productivity boom starting in the 1990s - the Middle C

Things I have heard now for a generation: - Real wage growth is stagnant (and this is through the great productivity boom starting in the 1990s - the Middle Class is disappearing / War on the middle class - Education, housing, and medical care costs rising faster than inflation - Globalization destroying manufacturing jobs - the gap between rich and poor growing - rise in service jobs / reclassification of service jobs as manufacturing to hide numbers politically (burger flippers becoming manufacturing jobs was one example) - those memes about what 22 year old boomers had to do to get a job, house, college education, and the benefits they typically had, compared to what the current generation has had to deal with. - Boomers aren't retiring, aren't interested in true mentorship and providing jobs to the next generation I am a Gen-Xer for reference. I generally perceive these popularly reported trends as mostly truthful, trying to correct for the inevitable "world is going to hell" bias that you get as you get older. https://www.statista.com/statistics/1065466/real-nominal-value-minimum-wage-us/ https://www.statista.com/statistics/1065466/real-nominal-val... That's the minimum wage, notice the drop/flat nature of inflation adjusted minimum wage. That would tell you everything. With the rise of boomers, the war on the minimum wage began. Or it was the collective identity from WW2 waning. Or whatever. Combine "job doesn't really pay well" with "costs going up" and well, yeah.