The problem is really housing. The housing crisis overshadows the hundreds of smaller wins we've had in other goods like electronics, because housing is such a

The problem is really housing. The housing crisis overshadows the hundreds of smaller wins we've had in other goods like electronics, because housing is such a large proportion of expenses, and it's a compulsory expense. When you add in wage stagnation of the lower class, we've now got a big social problem. A generation of alienated young people. They have no hope of home ownership and rents keep increasing. This then creates political radicalization. My grandfather, a middle-class guy, grew up objectively poorer than people today but home ownership (without a mortgage!) was a given and that takes a load of stress off your shoulders when half of your paycheck isn't going to a landlord.