While the 1950s were far from ideal – especially for minorities and women – this makes them seem by comparison a bit better than I’d previously credited.

It now takes two and a half incomes to produce the same standard living that one income did in the 1950s.

It shows how much poorer relatively we’ve all gotten in relation to our so-called betters, especially when it comes to the really important things in life such as health care, education and housing, where most of the cost increases have arisen.