Scott Galloway gives a Ted Talk laying out the various ways in which the older generation of Americans have screwed over the younger generations.

This is a silly synopsis of his talk. He is just presenting data about how the generations have a large gap in development.
There are a number of flaws in his thinking. For instance raising the minimum wage isn't going to solve anything.

Immigration is the problem, US is immigrating both white, and blue collar people at a tremendous rate. I have been lucky to take advantage of it.

Massive Immigration puts pressure on housing, education, healthcare, causing all of these to rise in price relative to other industries.
I don't understand why US Universities don't put priority on US students as part of its criteria for admission to graduate school.

But at the same time, he does hit the nail on the head about housing development, regulations (keep out of my neighborhood) have killed it.

The US during the Boomer era created enormous wealth because of a time period where technology was making leaps and bounds. Even within the Tech there were lulls and peaks.

You can't blame a generation for that. I believe the book "Outliers" goes into this.

The current working generations just don't have the same impact, it's just not possible to reinvent the internet, video, etc etc (network effect). This is why everything in tech has slowed down. AI might even kill it some more.

The fix isn't taxing more and giving more, but fixing the regulations that are holding the previous generations down. For instance housing development (need to go vertical), education costs (forget loans, why is it so high?). Higher education admissions. Small business regulations, tax breaks ($256 for a city business license??)

Finally it won't be solved in a generation, the nice thing is that the GOVERNMENT will collect a lot of taxes when those Boomers pass it on to their offspring OR not.