Your math isn't as bad as you think. You were close.
But yes, over the last 30-40 years the governments have done a great job in educating three generations of worker bees. Then again, their parents consented to the government raising their children.
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The miseducation of the population is one of the main causes for sure. Unfortunately there are many others too. It's a deliberate indoctrination and psyop. There is an agenda at work.