Also, due to file-sharing, the rise of easily-streamable digital music, and well-run independent labels, artists are able to get their music out to larger audiences without interference from conservative and controlling corporate entities. The rise of independent music is apparent in the lineup of the upcoming Treasure Island Music Festival, widely expected to be one of San Francisco's biggest concert events this year. Though tickets aren't cheap, people haven't minded shelling out for a bill that features only five bands currently signed to a major label.
Not so long ago, in the late 1990s and early 2000s, the economy was booming. Things were great for everyone except the American pop music fan, who was subjected to overproduced boy bands, toothless pop rock (Sugar Ray, Smashmouth), nu-metal, and countless other forms of forgettable garbage. So while your pockets may be empty now, it might be a good thing. Hold out a hope that maybe, just maybe, in 30 years, the music of the next decade will be lauded much like the tunes of the 1930s and the 1960s.
Until then, just sit tight and keep praying for the death of auto-tune.