The WWII generation which experienced the highest standard of living and stability in U.S. history. All generations that followed were conned, lied to, looted and have become accustomed to increasing across the board decline.
This is very true. My parents accumulated some wealth which they have very recently (unfortunately) passed on to me and my siblings. My husband and I could never have done as well. Of course, unlike my generation, they were very frugal.