My dad left high school in 1971 and started working as a Mechanic. He started at $ 2.15 an hour and by 1981 he was making 23.00 dollars an hour. Then the bank of Canada said enough was enough and interest rates went from 6% to nearly 20%. If you owned money, you were royally screwed. If you had money in the bank, you were making out a bandit.
I remember as a kid my parents paying 800 dollars for a VCR. Some of the purchases we think nothing of today were really big commitments in the 1980s. Free trade has really been our saving grace over the last 20 years because no one is getting raises.
I hope when the vaccine rolls out that the supply chains go back to normal.