Naturally it was always a false hope. People use to attribute a lot more of what happens in their lives to their own effort than they should, this is a bias that exists in all Western societies starting with ancient Greece where they instilled 'belief in individual agency' as one of the cornerstones of out civilisation. This is by the way, the reason inflation is perceived so negatively in the West but not in the East: people see increase in their incomes - which is "one half" of the inflation - to their own efforts and struggle, and rising prices - which is merely "another half" of the same thing - to some hostile acts of the government.
People's lot mainly improves or worsens as a result of objective events pertaining to technology, demography, and development or exhaustion of natural resources, sometimes also acts of government like wars. Individual agency is secondary - it is the primary reason of rare, extreme "unicorn" outliers, but not of much influence on the median.
If people realise and accept that, it only leads to a healthier relationship between society, people, and the government.