Clearly you've never been to the bay area. Especially if you're working in San Francisco, then you're looking at living in the outer richmond or sunset if you want $2k to stretch out to enough space for a 5-person family. Expect to pay more like $3k on rent, or $5k on a mortgage. Anybody spending more than 25% of their net-income on housing is living beyond their means.

Add in $700/month in food, $300/month in insurance premiums, $1,000/month for a car (between car payments, gas, insurance, average of 10 parking tickets per year and $200/month for a garage parking spot). All of a sudden you're living paycheck to paycheck.

My point is, executives in that article are complaining that they are unable to coerce engineers into giving their companies an extra 50% of their time for free. I'm not saying it's poverty, but I fully understand how the life of a corporate wage-slave is stressful enough to induce unhappiness and an unwillingness to go the extra mile.

The past decade has been a loss for the economy. IPOs are gone in exchange for M&As which only benefit the founders and investors in any signifiant way. Yet startups still dangle football of IPO-induced wealth to hoodwink engineers into working themselves into an early grave in order for the founders to become marginally wealthy. And the big companies who would like us to work ourselves to death would gladly outsource our jobs if they could overcome the lack of talent and communications issues of workers abroad.

And in the end they're still renting, and not able build wealth of their own.