Your argument that government intervention is bad for millennials is flawed. Without government intervention such as eviction moratoriums, unemployment benefits and federal government stimulus checks there would have been massive homelessness. Prior to the pandemic 40% of americans could not cover a $400 emergency, all of these people would have been on the street without the government stepping in. At one point the unemployment rate as 15%. I cant really see how this would have been good for them.
I would argue that specific and targeted government intervention such as complete student loan forgiveness would have a massive beneficial effect on millenials.