How much your father's generation was earning at their retirement age? Must be about 100th of what our young guys are earning at the entry level. Does this mean that they were less capable? Those statistics are drawing very eronious conclusions. You know the disary the country was in in 50s and 60s, the Planners then had given the much needed stability. The economic prosperity of today, about which you have mentioned, is on the strong foundation they had laid down then. If the foundation is weak, we can not build a multi-storied construnction over it. Let us remember this always.The selective statistics, most of the times give opposit conclusions.
Another thing, our economical miracle is not an imported one. It is fully indegenious and is due to our economy's inner strength.
By the way, do you know as to what the economic growth is? It is only 2%.