Power tools are sometimes the exception to the rule of buying cheap tools. Saws are probably the biggest exception. My cheap corded ryobi saw is awful because it’s so flimsy, and the deck bends. The makita saw I replaced it with is 100x easier to use, more accurate, and safer.
Buying cheap tools applies to hand tools, air tools, hydraulic stuff, etc.
I generalize millennials as too young to legally drink in the US (21) but old enough to remember the millennium. It’s not completely accurate though.