In addition, it was an objective economic factor. There were few workers because in 1946, the Depression generation started getting into workforce and they were few in numbers. So in the post-war 20 years or so, there was a persistent dearth of workers as WWI vets aged out of work and less numerous Silent generation replaced them, so people enjoyed good salaries because employers had to compete for them. Then, Boomer generation which was by far the most numerous yet, kicked in, and an era of persistent unemployment and stagnating living standards, resulted.