absolutely standard of living is severely restrained by laws that actively block humans from solving their problems.
Just think about it like this. for the cost of 1 years california minimum wage in materials and using my own labor i could build a permanent house that is small but completely adequate for me to last the rest of my life sheltered never again paying rent. The reason people cant do that is simply its illegal.
then think about zoning , the reason people even need cars and all the HUGE expenses associated with that is because its illegal to put stores , cafes, multi service gov offices, and other things where people need them where the people live .
our society is batshit crazy and the thing that drives me insane about this personally , when you talk to any yuppie about this they will absolutely irrationally freak out as if anything changing around the way things are is an existential threat. the reaction to the ideas like this are so extreme, to them it is inconceivable, and i dont understand what the origin of this particular mental blockage and emotional reaction is to them.
HOWEVER , another deeper issue is economic rent-seeking where people extract wealth in a way that is negative to standard of living, See georgism / geoism/ progress and poverty book to understand. there are types of economic activity that are creating more pies and selling them which generally ends up with more pie and cheaper for everyone, and then there is rent seeeking which is taking one pie, taking control of it then selling microslices to the highest bidders while using some profits to lobby making laws that say its illegal for pie makers to compete by producing more pies.
its good that the dems are at least trying to come up with something and recognize the working class matter but its too little too late. the dems heads are so far up their owns asses i don't see them managing to escape their elite bubble and ideological straight jackets anytime soon until enough of these neoliberal dinosaurs die off.
wouldnt surprise me if we have to go through full civil war with fascists first. and then the most likely outcome isnt reform its just a pendulum swing to authoritarian leftism rather than reason.