That is definitely how the little moochers are trying to position themselves. "Millennials," bah! More like "Generation Fail" or "Generation Entitlement".
They’ve grown up in a world where social media allows them to see all of the materialism in the world and mimic it. When I was a kid, I would say, “Well Kevin got a Nintendo! Why can’t I?” And my mother’s response was always, “Then go play Nintendo at Kevin’s!”
It’s a “gimme, gimme, gimme” world now where the volume of stuff outweighs the value of it. I still have toys, gadgets, and doodads from when I was a teenager. Try asking a Millenial if they’d keep an MP3 player from 2004. They’d scoff at you.