1971 did not mark the beginning of an overall decline in US standards of living.
One quibble, and lot of the compensation increase for workers has been in the value of health insurance. This makes health care more affordable, but means there's less actual money for the basket of goods.
One quibble, and lot of the compensation increase for workers has been in the value of health insurance. This makes health care more affordable, but means there's less actual money for the basket of goods.