Yeesh.

...and business going under and that was a primary reason that Obama beat John McCain, in my opinion. The Republicans had no solutions at all.

I guess us filthy peasants had just asked for way too much, even though the workforce really hadn't asked for enough compared to the profits being made off our backs.
Minimum living wage should be $22 an hour in "low cost of living states", $30 an hour in higher cost of living states and cities, with skill and responsibility scales above minimum adjusted upwards accordingly.
That is, unless we go to a Nordic model and mix Income and VAT to subsidize medical, housing, education, and public utilities across the classes, so as not to excessively burden those who have to spend every penny just to survive so those who only have to give up ten percent or less of their income stream annually to pay bills can buy another staffed get-away house or go on an "adventure experience" vacation every other month or so.
Savings are important. So is a roof over one's head

If the median living wage for a single person needs to be $50k to $75k a year, employers who make large profits should pay that at the very least to those whose work makes those profits for them.
Including investors who scream at businesses they invest in to cut costs and give them more quarterly ROI like Mob loan sharks, feeding off and destroying working class neighborhoods.

But that trend has been stopped in its tracks, the working class is back to falling behind again.

I no longer think you can tweak things here or there to create economic conditions for the working class to catch back up, I think it will take radical moves to get us back to have a healthy middle class in this country. And things are going to get a lot worse before there's the will to do anything radical. Trump and his band of evil billionaires want it all for themselves and they're coming for everything working people have.