Imaplanner - Remember the saying "Trust nobody over thirty?" That came from the 1960's hippies who are now in their sixties. Every younger generation seeks to put the blame on the one before. The reality is that most of the Generation X and even the Boomers are as much the victims of the recession as the younger generation.
But the question of generational differences is another one that intrigues me. The Boomers were the first true "entitlement" generation, growing up with the expectation that the government and employers would provide them with work, health care, and retirement. At the same time, this generation broke from convention to seek a new sort of freedom to live on their own terms.
Generation X is having its doubts as it has seen the failures in the promise: the lost promise of a career job in a company, the loss of wage increases (flat wage growth for over a decade), and questions about the promise of social security. We grew up with some of the freedom won by our predecessors, but the beginnings, too, of a more structured environment of organized plan and programmed time.
I don't think the younger generation has really known freedom, spending all of their time in school, after school programs, soccer and other activities, and usually lacking the unsupervised, improvised activities older generations knew. As some have pointed out, there is a lot of discussion about how this generation has been told they are always winners and have always had someone to bail them out. I hoe this isn't me becoming a curmudgeon, and I am expressing things I have seen written in articles discussing the psychology of generations.
This most recent generation has also developed what I think is a legitimate disbelief in the promise of the American Dream. Jobs, home ownership and a lifestyle better than their parents', and social security do not appear, at least right now, to be easily attained. And yet paradoxically, they seem to still expect to be "given" all of these things.
Have I strayed off topic?