We have seen wages stagnate in real terms over the past 40 or 50 years as our nation's wealth has become concentrated in the top 1%. The lack of a living wage for those willing to work hard is a national tragedy that has feeds the anger with the 'elites' who don't seem to care or do much about it. Lots of contributors such as globalism (aka moving well paid jobs overseas), huge college debt, rising costs of medical care, etc.). Perhaps moving the minimum wage up will do some good, but it won't do it all by itself. Delegitimizing trickle-down economics for an alternative strategy could help. We might learn from Germany, Taiwan, Korea etc. to see how they are sustaining their manufacture bases and paying to healthcare too. Unfortunately the US seems to have difficulty learning from what works elsewhere.
But something has to change.
As the old saw about goes, doing the same thing over and over again and expecting a different result is insanity.