What precisely are you measuring to conclude that Americans are wealthier than ever before? When it comes to luxury goods, sure - things like TVs and computers

What precisely are you measuring to conclude that Americans are wealthier than ever before? When it comes to luxury goods, sure - things like TVs and computers are cheaper than they ever have been, both relative to wealth and even in absolute terms. However, when you look at necessities like housing, healthcare, and I dare say education, you'll notice that all have far outpaced inflation and even wage growth. See: https://fred.stlouisfed.org/series/MSPUS https://fred.stlouisfed.org/series/MSPUS See: https://dqydj.com/historical-home-prices/ https://dqydj.com/historical-home-prices/ See: https://www.statista.com/statistics/631987/percent-of-income-spent-on-health-plan-by-us-employees/ https://www.statista.com/statistics/631987/percent-of-income... See: https://www.usatoday.com/story/money/2019/05/18/cost-of-college-the-year-you-were-born/39479153/ https://www.usatoday.com/story/money/2019/05/18/cost-of-coll... See: https://www.bestcolleges.com/research/college-costs-over-time/ https://www.bestcolleges.com/research/college-costs-over-tim... See: https://www.forbes.com/sites/camilomaldonado/2018/07/24/price-of-college-increasing-almost-8-times-faster-than-wages/ https://www.forbes.com/sites/camilomaldonado/2018/07/24/pric... --- As a personal anecdote - my father did much the same job I do, and yet while he was taking care of a full family of four, I can't say that I feel any better off despite being single and not regularly vacationing like I did growing up. As far as I can tell - I'm not alone. If anything, I'm uniquely blessed relative to my peers due to my tech background. We have an entire generation putting off family building because stagnant wages coupled with high student loan debt and housing prices cause many to perceive they are hardly getting by. Nearly half of all adults live paycheck-to-paycheck.