From the rich white male Boomer to an immigrant Chinese business owner, everyone seems to feel the need to make more of their struggle than it was. Like, it was already a struggle, why lie and make it seem more so? You started your business by working 12 hour days funded by the pennies in your pocket... And the 300k business loan someone was willing to give you on the basis of your bachelor's in business, which meant a hell of a lot in 1957. Or the classic "came into America on a boat with seven dollars in my pocket," not mentioning the family safety net back home or the fact that the 7$ was more like 7,000 and this was 1965.
But it's obvious why people do that, because people have been doing it for ten thousand years and it's nothing new. We like to feel important, and if our truth doesn't make us feel important we'll lie a bit until we feel important again.
So I'm tired of old people making flippant statements like above about millennials that are either completely off base or simply applicable to every human on the planet, for as long as we've been able to talk. Allow me to engage in my own psychological fallacy - I feel like with enough years under your belt, you should just know that's how we work.