I don't want to belittle your response here.
One big difference in the past 70 years was adding women to the workforce. They may now outnumber men, even! They definitely outnumber men now in college degrees, and the contrast is only getting bigger.
Obviously, when you almost double the supply of workers, you're going to suppress wages. What nobody talks about is how this also increased taxes. Government spending tax dollars, I'm sure that will be responsible.
Women entering the workforce in mass, and thus becoming more politically minded, coincided with the rise of feminism. Which also aligns with the rise of the nanny state.
Taxes are gradually increased for social programs across the board. They increase to this day. There will never be enough tax dollars to satisfy the apparent needs of ever more social programs.
You've now created a huge government entity that will never go away. This has to be funded now, as a matter of course. It's devoid of argument.
So you have all of these tax dollars being spent in various directions, which somebody has to pay for. Obviously, you raise taxes on businesses first, as you want to get re-elected, but then you eventually have to raise taxes on the individual, too.
Combine this with reckless government wars, the FED changing interest rates, your elected officials watching your jobs outsourced
Lemme stop
Women in the workforce aren't a fundamental wage suppressor for two reasons we can observe:
1) Wages are still stagnant in the jobs that are heavily male-dominated. This means that something else is stagnating the wages in those jobs - something more fundamental.
2) When women mostly worked outside of the money economy in the past, and I'm talking 19th and early 20th century, wages and the cost of living still had a terrible ratio in Europe (it was a bit different in USA because there there was "The Doctrine of High Wages" to a greater extent, backed up by economists like Simon Patten). This again shows that womens' participation is not a fundamental driver of wage stagnation or price inflation. If women working outside of the money economy would fix the economy, nearly half of Sweden wouldn't have emigrated to America from 1860-1914 to escape the economic conditions here, which by the way was also a time with as good as zero "social programs" here.
Your theory of a higher supply of workers meaning that wages get lowered makes sense intuitively, and is obviously true - IF those workers are competing against each other for work. That's the point. If workers compete against each other, instead of cooperating with each other like the owners do, then they will lose. "Exclusionist" craft unions in the past used the kind of theory you are thinking of, that they needed to define an exclusive cooperative in-group and then keep people out of it and restrict the amount of workers, but that doesn't work because A) those people still need incomes, B) smaller unions are weaker unions, weak unions lead to workers competing against each other, and workers competing against each other instead of cooperating means they lose. And more broadly, workers don't need to have a society where they compete against each other for survival,
if they organise a different kind of society. Difference in labor organisation is the reason why service workers in USA get paid poorly compared to countries with collective bargaining, for example, but that's just a start.
About women in the workforce increasing the tax base, there are two problems with this:
1) It doesn't work with your first point. If there are a fixed number of jobs that workers compete for, and wages stagnate because women compete for them, then the tax base from those jobs and wages would stagnate too. To make it coherent, you have to decide which point you are going to believe - either women working was to increase the tax base (which I will get to in the next point), or it was to stagnate wages (which I've already talked about), but those points are logically incompatible with each other, they can't both be true.
2) If there are consumption taxes like VAT, and taxes on business income from what they make when consumers (non-working women spending household income) pay, then women working wouldn't have increased the tax base from their new wages being taxed- because it would just mean the proportion of tax income for the state shifts from VAT and/or business tax, to wage tax. The proportion shifts, but not the amount.
You are right that subsidising the Walmart-style food stamp, medical insurance, education and housing rackets with taxes is bad. We do the same thing here in Sweden, giving people tax money so they can pay the rent. The problem is that as long as the reason why the prices increase and you need rent support in the first place is because for-profit owners control the assets to the degree they have monopoly power over them, and there is no economic democracy, you are feeding the monster by throwing money at it. Price inflation is solved by keeping prices down, not by increasing spending on prices.
But the reason why you can't just solve this by eliminating the rent subsidy, is the same as why the rents increase in the first place: people have no choice but to live somewhere. Real estate has a supply which is both inelastic (you can't create more land), has a high barrier to entry (building a house and the infrastructure to service it has a very large barrier to entry for a normal person) is asymmetrically valuable (land in Stockholm's city center is vastly more valuable than land in Lappland's interior wilderness), and is necessary for people to access, which is why it's such a favorite speculation object.
But in order to keep prices down you need a theory of prices. And different schools of thought have different "ideas" on what that should be. The idea I follow is that you need to separate COST from PRICE, the point was to separate "earned income" from "economic rent", and you need to identify the economic effects that drive price. Now we have the opposite theory where any income is earned and productive by definition. The problem is our whole financial, corporate, real estate economy is based on this, your view that "social programs" are the fundamental problem for the economy is too narrow and shallow. You need to start reading economist Michael Hudson's stuff,
here is an example article for you... from USA's own history.
Your elected representatives watching your jobs get outsourced is just a symptom. The actual problem is that you, your community, and your class as a worker don't control the economic assets, which means you are subject to the whims of whatever your masters want. You don't control your means to a living or your circumstances of living, that's the real problem that gives rise to the symptom.