Maybe it's very bad. Or maybe it's negligible. And which third of americans is it, the poor the middle or the rich or a mix of everyone? These factors are important before we can draw more than the most shallow of conclusions.
There's a chart of the average that looks pretty bad. But also I don't have time to read 78 pages right now.
However, it does says that 58% of all workers failed to keep up with the real wage growth trend we saw in the years leading up to the pandemic.
>So 63% didn't.
But more than a third of Americans did. You can't "glass two-thirds full" tens of millions of people seeing their actual purchasing power decrease.