I think a better parallel is the late-20s early-30s Robber Baron breakups. There's been much ink and elections spilled over how that anti-trust era contributed directly to the proliferation of post-war innovation (e.g. https://bookshop.org/p/books/goliath-the-100-year-war-betwee...)

Look at the risks a poorer person in the US has to contend with, many of them life-ending expensive, as well as the difficulty of finding places to live that offer decent job markets, services, amenities, and are affordable.

Life here can get really ugly for people that are well above the 'poverty line'. That's not to say it's really the overall economy making things hard for them, but more like microeconomic constraints. However, that's the lens they see the economy through.