That silly and simplistic. Every generation until the 60's HAD to be hardworking or you would end up in the poor house! They allowed nearly every institution in the US to be taken over by Liberals. Churches, schools, colleges, papers, government bureaucracy, unionism. Those are all "gifts" from that generation.
And they are spending FAR more than they ever put in. The current age for SS would be about 75 if kept at the same level it was instituted at. It was meant as an emergency backup, so that old people wouldn't be eating cat food, not a retirement plan.