> (From my viewpoint as a millennial. Gen Z might think the golden years were during Obama, or just pre-COVID. To some extent every generation has a point in time that they see with rose tinted lenses.)
Of course they do. It's the formative years & youth. Roughly from the time you form a mature consciousness (12-14 yo) to roughly your late 20s or maybe early 30s when all your tastes, preferences etc. are formed.
Oh that is definitely part of it. But new generations also don’t have a point of reference. I certainly don’t know if the 70s or the 80s were truly that great. Outside economic and social indicators (income, life expectancy — all of which should arguably carry more weight anywa) it’s difficult to argue against something if you never experienced it.
For Americans the 1970s were pretty terrible all around when compared to the other decades in the latter half of the 20th century. The 1980s are broadly viewed as a positive decade, albeit not an impactful decade, but the context for that perspective is coming out of a terrible 1970s.
The Trump reign is a direct consequence of 1980s Social and Economic policy.
Although the libertarian hellscape vision of the 1980s would reject state ownership of (for instance) Intel, it might embrace the Chevron ownership of the state.