I disagree that we have never been richer as a society than we are today. In the years after WW2 ended, we became the center of manufacturing for the entire world. The pent-up demand for goods exploded in the US, and the City of Detroit was one of the beneficiaries , becoming the greatest manufacturing city on the entire planet, with the highest per capita income in the United States. Today, it's a national disgrace. We have fewer Americans working in manufacturing than we did in the 50s, although our population has more than doubled. As a result, nine out of the top ten occupations in America pay less than $35,000 a year.
Prior to the 60s, there were not 50 million people on food stamps; and millions of others relying on government Section 8 to help them pay for a place to live, many of them in ghettos. We are subsidizing school lunches to ensure children have enough to eat, and some districts are even sending children home over the weekend with pack-packs of food to ensure they don't go hungry.
While I agree that some are more wealthy today, the average American is not. For a long time, US consumers attempted to keep up their middle-class lifestyles by going into increasing amounts of debt, but they are tapped out, and the middle class is slowly shrinking. In response. retailers are closing thousands of stores across the country, and those jobs are gone.
Bottom line, at least from what I see, we are not better off today than we were in the 60s, and I'm sad to see it.