You left out two words. Fake artificial economy.
My grandfather longshoreman came here in 1908 had 8 kids wife didn’t work, no medical insurance.
My father tool and die maker, served in WW II had 5 kids wife didn’t work, had no medical insurance.
I graduated high school in 1962 had two kids and wife didn’t work and I had no medical insurance. My two kids have no kids. Note the decline.
I think a lot of the kids these days are living off and absorbing the savings of the baby boomers.
I consider the above after 1980, a crushed US economy thats been in and invisible depression and it only LOOKS good because of taxpayer money tax absorbing fake jobs and printed money and grants handed out like Hershey bars. So far its still working.
When all the fake things stop working then YES, as you said, the fake economy absolutely crushed