The American Dream has been replaced by perseverance porn: the only way to succeed is through hardship and the people who fail are losers.
In history there might be one maybe two generations that have had less hardship than mine, every other generation ever has had more hardship.
It is easy to complain about how hard life is, but I really don't think most people would be willing to trade it for some other time in the past--no matter how bad they like to think things are today. It is surprisingly inexpensive to live like people lived in the 1950s when TV, air conditioning, and even indoor plumbing weren't things you'd assume you had to have.
Note: 80% of millionaires are first-generation rich - they started off with little, and made their own fortune.