But goods are cheaper today than they were 40 years go, thanks in large part to globalization and manufacturing innovations. So if goods are cheaper, does it re

But goods are cheaper today than they were 40 years go, thanks in large part to globalization and manufacturing innovations. So if goods are cheaper, does it really matter if real wages have declined? And looking at the data, to me it looks like real wages are roughly at the same level they were 50 years ago (http://en.wikipedia.org/wiki/File:US_Real_Wages_1964-2004.gif http://en.wikipedia.org/wiki/File:US_Real_Wages_1964-2004.gi...). If goods a cheaper and real wages are roughly the same, aren't we all better off?