Yes, I know people have always said "our generation has it harder than any previous generation!" And yes, I know interest rates used to be much higher than they are today. But you can't deny that a dollar went much farther back then than it does today. (I mean, I suppose you could deny it, but you'd be wrong). Here's a handy chart from
CPI Inflation Calendar to illustrate my point:
View attachment 701504
Just so we're clear,
$1 in 1980 is equivalent in purchasing power to about $3.63 today, an increase of $2.63 over 43 years. The dollar had an average inflation rate of 3.04% per year between 1980 and today, producing a cumulative price increase of 263.07%.
This means that today's prices are 3.63 times as high as average prices since 1980, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 27.548% of what it could buy back then.
Acknowledging that people today face different challenges than their parents and grandparents did isn't "making excuses." It's pointing to why the solutions offered by previous generations (especially, "just work harder and suffer though") are not the end-all today. Those solutions may have worked for some, but they also created some big messes that we're all still suffering consequences of.
Your "kids these days are lazy" mentality is the same one that current Disney execs seem to be operating under. Meanwhile, the "kids" (and we are talking about grown adults) will end up doing just fine, but outside the systems and structures set up by the stalwarts of a few generations back and run into the ground by members of your generation.