As one generation grows older it always seems one of the first things they do is to generalize the upcoming generation as shiftless, lazy, soft, and having many other faults. My parents did the same. We turned out okay. The world didn't come to an end. It's the older generations that bring us to the brink, ie wars, over population, ecological disasters, etc.
You mean ok, as in nobody has any common sense anymore? You mean ok as in feelings are paramount and matter more than facts? You mean ok as in the up coming generation can't or is way harder to own home - that is when they decide to leave at 30? Do you mean ok as in get rid of the church, so there's a reliance on government? Or do you mean the general lack of disrespect for what older generations fought and bled for?
While I agree that older generations are crusty about the younger ones. I still appreciate (some) of now a day music. The west is far from better. I noticed that you poo pooed what the older generations did (which is elementary and what I don't necessarily agree with) but you certainly didn't provide any examples of what they've done that shines.