Consultant P.O.'s Two Generations At Once

Stuff.co.nz reports that American consultant Kevin Wheeler summarized Boomers, Gen X and Gen Y to an audience in New Zealand in a way that will make only one of them happy:

Baby Boomers "judge things by status, respect authority, know the rules and are resistant to change;"

Gen X'ers are "brash, cynical, motivated by self-interest, judge things by money, have little respect for authority and are generally disliked by both boomers and Generation Y;"

Gen Y is "motivated by fun, work satisfaction, social responsibility, corporate integrity and honesty, work opportunity and not by money."

Rewind thirty-five years and the description of Gen Y now would fit the Boomers then. So who's right? Wheeler and his cranky, rigid Boomers? Or the conventional wisdom, which holds that Boomers will retain their youthful "throw out the rules and storm the barricades" attitude into old age?