As someone in the Gen Z age bracket, I believe that they really do have a worse economy than their parents/grandparents due to no fault of their own, and that they're also much lazier than their parents/grandparents generations.

1. Social Security and housing has turned into a huge transfer of wealth from Gen Z to the Boomer generation. I don't believe I will ever receive Social Security benefits, and yet nearly 15% of my salary goes into Social Security. Also, people who own houses vote to keep their housing prices high (through zoning laws), which is... not how "investments" are supposed to work. It'd be like the US government hoarding all the gold when prices get too high. If a house is a place to live (in which case, zoning laws are perfectly fine), property taxes should be high enough that renting out a house is a much worse investment than say, government bonds. If a house is an investment, the protection racket needs to stop.

2. On the other hand, I've seen so many of my peers just... not study. Kids who easily got a 36 on the ACT, but would do the bare minimum in and outside of school. Now they're working pretty normal, white-collar jobs that pay about a median starting salary, but I know they could have easily made $150k+/year in tech if they'd just studied at any point between middle school and college. They probably won't struggle financially, but they won't ever really "make it" ($10m?) either. And, if this is the top of the class, you can imagine what it's like for those without the same natural ability.

So, on the one hand, I absolutely agree that Gen Z should have an easier time with housing, and shouldn't have to pay for their ancestors' unwise debts, but on the other hand, part of the reason they're struggling so much now is because they didn't spend the first twenty years of their life doing the only thing they were asked to do.