> Today many young people would consider that life to be stifling, boring, or "suffering" but it was fine.

There’s major inflation in middle class expectations. People earning median income are expecting a very upper-middle-class lifestyle. A house bigger than their parents owned with nicer finishes, two new cars, frequent travel, eating out constantly, etc.

My parents were on the upper end of middle class when I grew up and we lived in a home with carpet and laminate countertops. Now everyone wants hardwood floors and quartz and more square footage, too. A lot of folks are driving cars that cost a year of their take home pay. Cost of living is too high but expectations seem to have risen even faster.