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McDonalds started charging $15 for a Quarter Pounder Value meal, and everyone realized in this post 9/11 America, you need to make as much money as possible just to be able to survive, which is diametrically opposed to the 60's and 70's still post war boom(ers) playacting socialist/communist Hippies, pointing and laughing when an artist they liked took a big check, when they're own rent was either subsidized by their parents, or cost them $200 a month and their University tuition another $500 a year. Shit was different. Shit changed.
I think this is it. The cost of living was lower, so Boomers could get by without selling out. The attitude continued into the 1990s and early 2000s until it became harder and harder to lead a comfortable life on a modest paycheque.