Liberals keep telling us the middle class is living less well than formerly. Nonsense. By most standards we are living better.
They quote statistics that show wages have not risen, when corrected for inflation. Probably true, but not important. The middle class family in 1960 lived in a two bedroom, one bath home with a single garage, today it lives in a four bedroom, two and half bath home with a two car garage.
We live longer than we did, all of us, black and white live longer. Not just a little bit either, but several years longer. We drive cars that have features we'd have seen as science fiction fifty years ago.
Kids from average families have iPhones and iPads and other high tech stuff and mostly their stuff is as good as that the elite have. See this Wall Street Journal article for more.