No, purchasing power is down. Costs of living have gone up more than median wages. How much gold can you buy with USD today vs. 10 years ago? Less because the USD is worth less than it was. How much housing can you buy with $100,000 or with 1,000 hours of labor? Less housing.
Young people are objectively doing bad. Not trying to be depressing, but economically, behaviorally, health-wise, (at the median) they are worse off than their parents.
Young people are objectively doing bad. Not trying to be depressing, but economically, behaviorally, health-wise, (at the median) they are worse off than their parents.