Recent generations are realizing how much worse they have it compared to their parents and grandparents
As I have pointed out before, Millennials, the generation to which I belong, are the first generation in a century to have it worse than previous generations. Sure, Boomers and Gen-X have been through inflation, recessions, oil embargoes, and the Cold War, but at least they could go to college, buy a house and a car, and raise a family on a modest income. This is not the case anymore. Anyone wondering “why young people don’t want to work hard or work at all anymore” (despite overall productivity being up and unemployment down), well perhaps it’s because it’s no longer worth it.
An American Redditor did the math to show how Gen-Z (the generation that came after Millenials) in their country has to work twice as hard as Boomers did to survive, by comparing incomes and common major costs at different periods in recent history. You can read the story about the post here. Here is the actual post. Yes, America is much more unbalanced than us, but younger Canadians aren't doing much better (i.e. we have universal healthcare, but our housing costs are much higher and we are paid less).
So, what is the point of life if we aren’t making it better for future generations? What is the point of risking our precious time and energy to make someone else wealthy when there is little to no chance of if favouring us or our children? Economic conditions need to improve fast before people start to take things into their own hands, lest we become the next lost generations.
In the mean time, Millennials are being blamed for inflation. I cannot make this shit up.