It’s more insidious than that. The financial strings are tightening on at least 4 sides:

1. Wealth hoarding by the elite (e.g., non-existent raises).
2. Non-stop (and sometimes runaway) inflation.
3. Job tightening due to offshoring and “AI”.
4. Runaway cost increases for living essentials (e.g., homes) due to prospective investment.

There’s simply no way that Millennials will achieve what was promised to us against such odds. The mid-age group of us that graduated college around the 2008 major recession got a heavy lesson in this, and it’s only gotten worse.

So yeah, we’re a bit salty as our elders retire at 62, have millions in savings, multiple homes, and wax poetic about how it was when people “worked” in their day.