Nostalgia is manufactured as easily as plastic trinkets, and it distracts adults who should know better. The 1950s, mythologized by the New Right in its push for a more traditional social and economic order, were not an idyll.
Instead it was an era of shorter life expectancy, of higher poverty by today’s standards, of legal and de facto discrimination, of limited economic opportunity for women and minorities, of gay Americans often being persecuted, and of far fewer consumer goods, technologies, and comforts. Implying that it was a golden age overlooks economic facts and the individuals whose rights and opportunities were sharply constrained.
The left’s narrative—that America remains fundamentally unjust and economically stacked against working families—is equally disconnected from empirical reality. As Michael Strain and Clifford Asness recently detailed in The Free Press, we live in the wealthiest mass-affluent society in human history. Typical workers’ real wages are dramatically higher than they were two generations ago. Post-tax incomes for the bottom fifth of the scale have more than doubled since 1990. Wealth for the poorest quarter of U.S. households has tripled. Consumption, the best measure of a lived-in well-being, is hitting record highs.
These data do not deny that some people struggle, but they show that the dominant narrative of national economic decline is false.”