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I think it's a fallacy to say that this generation has never had it bad. It plays into the notion -- probably as old as the human race itself -- that the current younger generation doesn't have it nearly as bad, and is much more lazy and complacent, than the generation that preceded it. As a member of both the X and Y generations (I'm right on the edge, and fall in one or the other, depending who you talk to) I find that claim repugnant and absurd on its face, and it irks me everytime I hear some baby boomer try to make that claim.
At the same time, I don't think anyone would be so obtuse as to claim the world is in far worse shape today than it was in, say, 550 or 600 AD, when civilization almost came to an end. Or how about in the Permian extinction, when all life on Earth almost died out?
I think we, being mortal beings with short lifespans, simply have a tendency to inflate the circumstances of our own existences. To endow our own periods with a deeper meaning than they may deserve, in an effort to give deeper meaning to our own lives. Otherwise, to quote a nihilist maxim, the meaning of life is death. And few people want to admit to such a bleak outlook.
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