Participation was lower in the 70s (60%), due to most Women not entering the workforce. But ours includes most women, so your point is genuinely incomparable.
No, the kids aren't "all right". I'm not blaming you for this, just pointing out that yes, we have it much, much worse, not even taking into account just how lonely, sick, and poorer we are, per salary, per dollar, and our lack of homeownership (that's an entirely different set of data I'm not posting here).
Also, remind me how many of y'all were drafted to go fight in Nam?
Getting drafted is terrible, but at least you had a nation worth fighting for, even in a pointless war. (Not mentioning how many drafted were poor, non-college educated people, of which even if we are poorer, much more of us go to college for worse wages and outcomes)
The only reason we aren't drafted, is because we, by every metric, are starting worse off health-wise compared to you.
Also, the threat of nuclear war never went away, we just stopped caring about it.
Again, I'm not blaming you specifically.
The first item on your new list is absurd. The 70s are the decade that coined the term stagflation. To be nostalgic for the 70s because of the value of the dollar is wild.