Pretty bad. I think the Establishment is banking on that, too.
Except, when they hit their teens, I don't think it'll be the kind of fucked up the elites want. The youth will realize they were robbed, along with experiencing the normal maelstrom of teenage angst, and there'll be hell to pay.
I see even more massive waves of youth unemployment and opting out of the system in the future as the younger generations realize how fully the deck is stacked against them. You can see it in their memes, in the jokes, the usernames they choose on their private discords. Boomers, Xers and older Millenials are clinging to Daddy Government but the kids know he isn't their friend, and they feel as though they have no security in him at all.
That is a very bad thing.