Is the increased number of POC’s the reason this Generation not doing as well as Parents?

I’m always hearing how this generation is doing worse than their parents in quality of life and financially. Could this be due to the rapid increase of immigration and POC’s flooding in?

I doubt that you really can’t see any other more important reasons.

Diversity is our strength so think how bad it would be without all of these blacks and browns holding our society together…

Lol