You are ignoring that the economic direction was already set in 1975, as you originally noted, and you prefer to blame the People rather that the Elites who set and maintained that direction after they got the scare of the People actually running the show when they ran the Elite's man Nixon out of Office.
But like Kristofferson, not the Stones, said, 'everybody needs somebody to look down on'.
Of course, this may be a classic projection on your part, as presumably yours is the Gen known as, "Corporate Warriors":
www.google.com
But hey, you were forced into it by Boomers, right? No choice at all. Just playthings of circumstance.
"Yes, there's a common narrative, especially from Millennials and Gen Z, that blames Baby Boomers (born ~1946-1964) for major societal issues like wealth inequality, high housing costs, student debt, and political gridlock, stemming from Boomers benefiting from post-war economic booms, better social programs, and holding onto power/wealth, while simultaneously dismissing younger generations' struggles (e.g., "avocado toast" comments).
However, many argue this is an oversimplification, pointing to powerful policymakers, lobbyists, and the ultra-rich as bigger culprits, suggesting it's a generational scapegoating that ignores systemic issues and benefits a few, not all Boomers."
www.google.com
Your common narrative is common.