Boomers who managed to not become millionaires in such a rigged environment is mind boggling. Every divorced boomer I've ever known who acted like the world was ending in the 80s and 90s easily survived their divorces and started over
I don't think that youre going to become a millionaire, but I think the key difference is that in the pre-internet age, and further from that in the pre-neoliberal age (ie international trade, NAFTA in particular, etc)-
you really, really had to go out of your way to fuck up your life. Many people did, of course, but it was so much easier to achieve the middle class lifestyle. Id argue that society was completely oriented around it, which is why, as that lifestyle is failing and disappearing now, its having such drastic effects.
Many boomers did fuck up (ie, the crack epidemic is one big example), but it was also the era where you could just walk in somewhere with a resume and applicants did not include 500+ people in a single day. You can add in stuff like having less overall inflation, the housing bubble not being as huge, the fact that careers still training entry level people locally existed, etc and thats the biggest benefit that they had.
Boomers did have tough times, like the 70s oil crisis and stagflation then, but the big thing is that they were (and still are) the biggest demographic so their concerns were almost always addressed.
The problem with them is they got theirs, and now the hard times are on Gen Xers, who also have their own major problems and can be equally narcissistic or just stuck up (ie Justin Trudeau and most of the laptop class are Gen Xers), who are really fumbling the ball, and then, after that, the millennials.
But for the boomers, I wouldn't say that everyone from their generation should be a millionaire, Id just say that you
really had to go out of your way to fuck up. Fucking up then was the exception, not the common denominator. For millennials today, you can do everything
right (according to the boomers idea of what the safe path is), and still get fucked.
Ie, been seeing lots of accounting students complaining over the past month about how their field has basically collapsed, none of them can get jobs, and many are working in call centers now or are grossly underpaid for what theyre doing, and can't pay off student debt. I actually used to think accounting was a decent degree choice to get into, but when you see younger millennials not able to pay off the $60,000 debt they took on for it, even that field is astroturfed. That would be the main difference.
You can look at the same thing in other honeypot fields, such as code monkeys or basic programmers starting to lose out on jobs now, in Canada specifically to Indians or AI. Even past that, the big banks and firms are cutting back. For example- TD is cutting 3% of its workforce currently. Its just not a good time for grads.
For me, Im just tired of seeing 'once in a lifetime recessions' after 2008 was declared just that
by way of mass immigration of racially and culturally dissimilar foreigners
If 90% of immigrants are all Indian, ironically, its not actually diverse. I can remember we used to have immigration caps, let alone immigration caps to ensure that not all our immigrants
came from a single nation.