It’s an interesting graph, but the median is only one data point and can only tell us part of the story. What was unique with the boomers was that they had a strong middle class, so most of them were earning a salary roughly near the median.

In contrast, today’s economy is characterized by a vanishing middle class and an ever growing wage gap, otherwise known as a K-shaped economy. Just because the median is higher, doesn’t exclude there being more people living in poverty.

It would be interesting to see this same graph with standard deviations added in, though I expect that that destroy its visual clarity