You generation is screwed, too. Social security net revenue went negative this year. You'll never see a dime. Medicare will also be bankrupt much sooner than anyone thinks.
Only the "next older generation" has made out on these ponzi schemes.
You are right about the next older generation getting even a better deal, but I am not complaining on my own account: when I graduated from college in the 1970s, it was really easy to buy a home, and generally have had an easy life style.
I have to admit to a bit of a morbid fascination about the economy: I expect that in the USA that local governments will go bankrupt, the federal government will devalue the dollar to get by, etc. Thing that I have no idea about: will this happen in 1 year, 10 years? ...
Only the "next older generation" has made out on these ponzi schemes.