The piece compares the USA and 100 years ago. He notices that we are still in a time of large social change, often in some of the same areas, while also noting that we are materially more comfortable.
I don't think "this some sort of a paid advertising piece, to make you feel better about inflation, lack of affordable medical care, lack of affordable housing, lack of jobs for recent graduates, etc...", I think it's just a historical retrospective.
Author is pointing out that material, we're more comfortable than 100 years ago, and it's true.
It was arguable also true in 1926 - I I'd rather have been 26 in 1926 than 26 in 1826 (especially if I were a woman or black), and I'd rather be 26 today than 1926.
Being educated enough to whine on the internet about how despite recently graduating from university, I've not found a job that pays me enough to buy a home in a super expensive metropolitan area, while not ideal, is still, in my opinion, than moving from the farm to go work in various factories and shops in the city.
Have you ever seen a graph of the stock market?
It doesn't always go up all the time, but in the long run, it generally goes up on average.
When I read articles, in addition to thinking "good information", I now always ask 3 more quesitons: (1) why was it written? (2) who benefits? (3) who paid for it (not necessarily with money)?
Given that there was no antibiotics in 1926, no chemotherapy or radiation therapy for cancer, no public pensions (so good luck getting old), hardly any indoor plumbing (even by 1940 it was about half), I think life is much better now that one hundred years ago.
What were infant mortality rates in 1926? Maternal mortality? Average life span? How many years did people live after retirement?
Can you list the ways in which you think life was better in 1926?
And to say life is better now is not to say it's perfect or to deny that improvements can still be made.