A lot of the young are pretty negative about how the boomers spend their money now, but they don't seem to consider how the boomers made their money in the first place.

Just wait till the bankers and 1 percent create a new system where the assets are taxed as per their view. Once that happens the current generation born after 2000 would cry tears of glass. Because the way things are going debt assets would get less than 4 percent of the interest and in near future everything would go dry. We will see massive shift in the mindset and the lifestyle in next 20 years.