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Few people in that period had the information you have now. People were presented with this economic miracle in the 50s and there was little to no components other than conformity.
As more time has passed and I continually re-assess my Boomer parents, I am struck more and more that they truly were a propagandized generation who was never given the tools to properly think through what they were seeing. It was always just "here, more, buy this, this technology is new and amazing". Everything was new year after year until the late 80s/early 90s, when technology evened out. Even then people had cell phones and such. Once met with the Internet, especially through Facebook, we could see all of their problems flourish.
Not to say that any generation is better than any other or not, but I do believe that each generation after Boomers is actually much better than the previous one at critical thinking--probably because society had no choice but to and the fact that more people have at least a bachelors degree now.
Bachelor's degrees and unleaded fuel make a hell of a difference.