I agree. There is a huge split between the haves and have nots in this country today and unless they're living off of daddy's money the young are mostly in the have not category. It's driving them towards socialism because they feel like it's hopeless that they'll ever be able to afford a middle class lifestyle. When I graduated college in 1990 a bachelor's degree was a ticket to the middle class, now it gets you a job at starbucks for minimum wage. You could put yourself through college on a part time job, today it's $40k a year in student loans to go to the University of Nowhere state school.
The conditions are not the same as when most of us came of age. We can tell them to work hard and pay their dues like we did but the truth is we didn't have the roadblocks to success they have today. Where it's going to bite us is when people feel hopeless they install totalitarians who promise to fix things for them. We've seen it countless times throughout history with the USSR, Hitler, FDR, Obama, etc. When it gets to the point where a majority of the people feel they're being screwed then bad things start to happen.
Exactly right, Gary.