But all that better stuff Americans can buy is largely due to bigger household incomes from women entering the workforce. Back in the fifties/sixties, a single working class income could support a family of 4-5, comfortably. That's laughable today.
A single working class income can easily support a family of 4-5 in the sort of housing a family from the 50s/60s would have lived in, with the number of vehicles a family from the 50s/60s drove, etc.