GENERATION Y

In its January 22, 2008 edition, the Quebec City, Canada, newspaper,
Le Soleil, had a topic about generations by age group.

Generations are grouped as follows:

The Silent generation, people born before 1945.
The Baby Boomers, people born between 1945 and 1961.
Generation X, people born between 1962 and 1976.
Generation Y, people born between 1977 and 1989.
Why do we call the last one generation Y. I did not know, but
A caricaturist explains it eloquently below...Learned something new!