My mom and dad are boomers, but my grandparents talked about how bad things were during the Great Depression. I think you have a few generations who never knew the kind of poverty that was present in those days, and they have no idea what real poverty is unless they are born into it.
Dad was a cheap bastard at times, but he was a good provider for the family. Mom knew how to pinch a penny so hard that Abe Lincoln would shit. I grew up in the 80s not having all of the crap that a lot of my friends did, but it did not bother me. Who cares if I did not wear designer jeans or any of it.
On the other hand, my sister acts like she is entitled to a closet full of designer crap, a Mercedes and a full time staff of servants. Since she doesn't have enough brains, beauty or a body to attract or retain a wealthy mate so she better get used to working just like the rest of us.
Stupid me for living within my means by having a house that I can handle, a paid-for car and no need for all of that statusy shit.