The median American is vastly better off today than they were in 1980.
FRED data on real median household income only goes back to 1984 but in constant 2023 dollars median household income in 1984 was ~$58k while it is ~$80k today.
You making an argument for the prevailing Republican economics of the past 40 years?
That data point feels cherry picked, to focus on income in. Income out is rather critical, such as housing and healthcare costs.
There have been endless articles these past 10-20 years that decry the loss of the Middle Class. The crushing weight felt by the working class.
Is it all for naught, do we all have massive savings / retirement accounts and not know it?
While I consider if your reply is an accurate part of the story, I do not entertain the idea that it is the whole story.
For the message flies in the face of everything I have ever known.