BUT, I can't imagine the years 1940-1950 for my parents...where I was totally shielded (loved) from the bad things of the world.
Shield them but also teach them TRUTH when you see they're being told otherwise.
Interesting, it was probably my BEST decacde. I have seen others have it not so good, but for many of them it was there own bad choices. The younger generation that is now hurting have learned a valuable lesson in delayed gratification - save money to make purchases instead of over-using the credit cards.