Yep exactly. I mean "maintaining a basic material standard of living that even non 'high-earners' had twenty years ago" The erosion of the standard of living i

Yep exactly. I mean "maintaining a basic material standard of living that even non 'high-earners' had twenty years ago" The erosion of the standard of living in the US (and the West more broadly) is not something to be ignored in any discussion of wages.