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Is America becoming a gerontocracy?

economist.com

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Re: Is America becoming a gerontocracy?

#7
Welcome to the honorable club with with Italy and Germany. What's very specific is that the old pull up the ladder. They don't pass the knowledge, nor experience, not a single cent trickles down, no power is delegated. Even the opposite, with help of immediate family they vacuum up the money and power even further.

What's quite mindblowing for an outside observer is that the birth year of American president has been almost constant since 2001. I know that millennials are irresponsible and unreliable brats, but c'mon... they're over 40 now.

Re: Is America becoming a gerontocracy?

#9
The word becoming implies it isn't one as of now.

The median age of the population in the US is 39. The median age of the Senate is 65. In other countries 65 is retirement age. So you could say, yes "America" (the US) is a gerontocracy.

Re: Is America becoming a gerontocracy?

#10
post #2

https://archive.md/HKxLR

> Wealth Accumulation: Older Americans hold a massive share of the nation's assets, often choosing to retain their wealth rather than pass it down early, largely due to the terrifyingly high costs of late-life healthcare.

So having good social security helps everyone. Unfortunately my country ( IN) does not prioritise that part.

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