In 1900, the average wage in the US was $10,000 adjusted for inflation. Later, after government policy shifted to support workers, that went up by multiples.
That's what we call the 'birth of the middle class'.
Today, I was listening to a typical story from someone talking about how their father was a truck driver (in the 60's era), and was able to have a one-income household with a house, five children, all of whom went to college. People used to be able to support a family on those sorts of employment. That was called 'the American Dream'.
Today, the greed at the top has made Americans poorer to enrich themselves. It's wrong.