This may be true and I'll have to take your guys word for it, I wasn't alive it in 1950. But people have said this stuff for ages about all time periods. They remember the good and forget the bad. The past is as much just a concept as the future is (as someone said n the member's lounge last week). People have said the same about time period I can remember and just say whatever. The past seems safe and non threatening because we know we made it out alive.
We were pretty gdamn poor in the fifties and early sixties. Lower middle class...at best.
My father finally starting making a little more money in the mid sixties, but we never went on trips to Disneyland or anywhere else except to the grandparents who lived 600 miles away. And we rarely did that. And my father drove straight through the whole 600 miles. No stops in motels.
But as a kid I'd rather have been doing what I did for fun back then than what kids do today with all their gadgets. We certainly got a lot more exercise. Running, biking, playing sports, swimming, hiking, etc. No electronic toys and your choices for fun are pretty much directed to doing stuff outside the house.
I wouldn't want to be that poor again, but again as a kid I'd rather have done all that than sit inside my room with a play station or fiddling on an iphone.