I remember the Reaganomics years. The rates on simple bank savings accounts were much higher than they are now. You could even get CDs in the 7% range. Today these same accounts are below 1%. And it's been that way for over a decade. Back in the early 80s, if you could get enough money into a savings account, around $50,000, you could literally live off the interest fairly well. Today you'd have to sock away $1M for the same level of inflation adjusted support interest. Wages have been stagnant for the middle class since 1973, so the economy has basically become a cruel trap for most Americans.