That generation was the first in recent decades to have a fairly pampered life. Im not talking about money and economy. Their parents, grandparents, great grand parents experienced ww1, ww2, and vietnam. The boomers missed all that. They and future generations were not hardened by simply surviving. After these wars it was a volunteer army and the population didnt have to participate , nor did they have to do without because of the needs of the army (rationing).
Its like the war is over, let's party. The party hasn't stopped.