That's the followup: These are forced choices. We pay for the aftermath with money or lives. Take your pick. There is no alternative, and there are many more poor lives to saceifice to the status quo than rich lives.
It's sacrificing the rich's money (which is a boon to literally everyone else) or sacrificing the lives that WILL be destroyed.
But the parents didn't have to supply their kids with the devices in the first place. Gen X parents are getting their revenge on society for being perennially ignored.