I don't speak for everyone in my cohort, but from my experience, I lost my hope when orange guy took the chair. Him and the people who follow him seem to have a penchant for "fsck you, got mine" and because it was never corrected early on that attitude became the beating drum of the nation for 4 years. For 4 years the worst behaviors of people went unchecked out in the open and now those same people yell and scream censorship when you try and correct it.
Our generation has been the punching bag for everything and finally we've just had enough. Our outlook for the future has never been worse. We were told growing up to always hope for "a better year" but that "better year" was more often than not better for everyone else but us. We're on track to be worse off than our parents in both generational wealth and opportunities [1] and people are just finally done blindly hoping for things to get better. Most people in my generation have stopped planning for the future because this country was too concerned about giving money and tax breaks to the already obscenely rich.
Elon's purchase of Twitter and subsequent actions have only dampened my hopes of anything getting better. When billionaires can piss away 44 billion dollars and cause all sorts of chaos just because they feel like it, meanwhile people in my generation are forced to work two jobs just to barely make a living wage, yeah I don't have much hope left for a better future if this is what the new normal looks like...
[1] https://www.cnn.com/2020/01/11/politics/millennials-income-s...