Oh, the Suffering!

Have you heard how young people suffer now? - John Stossel 

• One popular meme says when baby boomers like me were young, "A family could own a home, a car and send their kids to college, all on one income."

"That's a fantasy," says economist Norbert Michel. "We are much better off than we were."...

• Yes, homes cost more now, but census data show more Americans own their homes now than when I was a kid. And today's homes are much bigger and twice as likely to have central air, dishwashers, garbage disposals, etc...
• Today, Americans actually spend a smaller percentage of our money on food, clothing and housing than we used to, according to Bureau of Labor Statistics survey data...
• Few people flew places for vacation. They didn't have the money, and flying cost much more. Adjusted for inflation, a cross-country flight cost $1,000. Now it's about $300."People did not just go on vacation," says Michel, "did not fly all across the country."

But the popular narrative circulates.
It's part of progressives' campaign for socialism. 

They tell young people: Not only does capitalism foster greed, inequality, etc., but it doesn't even deliver the goods...