Earlier quoted context omitted.
The worst of all is that people will still argue that, in this day and age, labour has not been completely devalued and that you are wealthier than your grandfather. That kind of story was not uncommon at all in the past, today you would have to be a literal multi-millionaire to have that lifestyle.
Your point about affording the lifestyle isnt entirely incorrect, but it is skewed by what you choose to include vs ignore. Owning a house? Indeed, grandfather probably had it easier. More space per person in the primary residence? Grandson wins, most likely. Restaurant meals vs home cooked, international travel, ubiquitous air conditioning, threat of being drafted into the military (and actually being deployed!), ex…
"TVs are better and cheaper" is not a useful counterpoint when discussing the economy of the 2020s.