But aren't we acknowledging that things are getting worse and that Gen Z have it worse? Isn't the core of the Boomer ethos the cognative dissonance of thinking that they were born in the peak of human history but also that nobody struggled or worked as hard as them?

Millenials were objectively born into the greatest technological boom in human history, and grew up alongside the tech as it rapidly evolved. Millenials had the best tv, the best games, the best toys. Millenials also had to bust ass harder than any prior gen to own a home. Circles, man.