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What we can consume is contained by what we can produce, so what a country consumes is going to be nearly identical to what it produces. Gross domestic product is adjusted for inflation, while nominal figures and wages have not. The GDP per capita is a nation's gross domestic product divided by its population. Countries must match production with the rate of the growing population.
The United States is very wealthy compared to other countries and when observing our own wealth in the past. This is because we are more productive. We work harder and longer. Making money takes time. While things are literally more expensive then they were in the past due to inflation, they are not in regards to the "work time...
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