I’ve long suspected a lot of supposed economic progress since, especially, the 1970s, has just been goods getting worse.
Go look at what it costs to get a chambray work shirt (where we got the term “blue collar”, so, made for physical labor, not something fancy) made with similar-quality fabric and construction to a common 1940s or 1950s offering in a Sears catalog. Not the ones J Crew or whoever sells, those are fine for what they are but they’re not built for work, the fabric’s thinner and they lack extensive double- or triple-stitching and other reinforcement.
If you find one under $150, please let me know.
Similar story for jeans, sweatshirts… everything. Hell, even athletic socks were better-made decades ago.
[edit] for reference, a 1930s Sears Hercules work shirt, basically an early model of what I’m writing about above, cost $0.79. Adjusted for official inflation figures? That’s about $18. $18 shirts are almost all terrible now. This is why I suspect there’s some bullshit going on with the metrics, and it involves laundering (ha!) worse goods into alleged improvements in the standard of living. This would also help explain (along with Baumol’s) why some things so consistently outpace nominal inflation: because nominal inflation isn’t capturing reality very well, so when it hits something that can’t (for whatever reason) be made worse, that thing seems to “outpace” inflation.