An average American blue collar worker in the 60s had counterparts accross China and India who earned probably less than 1/10th the average American worker. Even today a Wallmart stock boy/girl earns 5 times more than a skilled college educated entry level software developer does in India. Things are not going to change in future.

Before apologists come and talk about how cost of living are different in both countries, the amount of material goods purchased remains the same. The only difference is low wage Americans feel they are entitled to more material things, whereas in China and India, even skilled workers believe material things are a luxury. Yes, I am including things like healthcare, ease of transportation, a decent place of residence, and good food. Most Indians don't feel entitled to those things, but rather work to recieve those things. It's a zero sum game, entitled people are unhappy with the same quality of life, while a third world aspirant working towards achieving those feels happy about it end of the day.