What generation was raised to respect those institutions? Because the boomers were against them and their policies, and Gen X was cynical about them...
As we Millenials have gotten older, we too have seen through the veil and realized the system isn't perfect. More importantly, perhaps, we've seen the wide range of ways people react to this imperfect system. Some have chosen to undermine its very foundations to get their way, leaving many to wonder what we're left with if -- to loosely quote Whose Line Is It Anyway -- the rules are made up and the points don't matter.
Much as we like to kvetch about Clinton (and I've certainly done my share of it, and certainly much of the criticism has merit), if there was a "golden age" of America in recent memory, the Clinton era was it.