Nowadays even college graduates struggle to achieve "liftoff."
Globalization has led to a race-to-the-bottom situation where jobs flow across borders, to the places where desperate poverty allows wages to be as low as possible, and the greatest degree of worker exploitation is allowed.
Which is great for those people being lifted out of poverty. And it's great for companies who can more freely exploit workers, and maximize their profits. And it's great for consumers, who get lots of cheap new stuff.
But it totally wrecked our economy's ability to provide a good standard of living for the ordinary person.
Those chickens finally came home to roost in the last US presidential election. There's a lot I don't like about Trump, but I think his tariffs really will make America great again (if they aren't just repealed by the next administration). Because we're finally doing something about this situation.