I am roughly the same age as this person, and as kids we were told that all we had to do was work hard in school and high incomes would come our way. Actually,

I am roughly the same age as this person, and as kids we were told that all we had to do was work hard in school and high incomes would come our way. Actually, my experience is that high incomes did come our way. Sort-of. The problem is that the price of everything went way up. If you include the fact that career needs now necessitate living in a high-COL area, inflation is much more than the 2% on paper.