The sooner the baby boomers are all retired the better.
The sooner the baby boomers are all retired the better.
Unfortunately, people who are making decisions right now aren't thinking long term. They are thinking about maintaining their own lifestyles despite saddling future generations with debt, climate problems, etc.
Even the house and senate reflect these trends. The average age of a senator went from ~53 in 1980 to ~63 today. The house went from 49 to 57. For over a century the average was stagnant between 50 and 55 and only now is it going off the chart.
These people simply do not retire. They will die in office with dementia but they are certainly not stepping down and their voting base will have nothing less than their own in office until they are all in the ground.
It's an unfortunate side effect of increased healthcare and life expectancy.
Politics in the US is definitely an old boys club (just look at all the political families) fortunately other countries aren't as bad.