Is There A “Great Resignation”? Basically its just boomers retiring | Hacker News Reader

Is There A “Great Resignation”? Basically its just boomers retiring

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22 pointspmillerd11 comments

https://threadreaderapp.com/thread/1543269998734372864.html

https://boundless.substack.com/p/the-great-contemplation-not...

It's clear enough that the particular form of society we're used to follows the demographics of its largest generations. For the US, that means the Boomers have defined the conversation since the 70's when they started to vote and have careers, and a lot of foundational sociocultural premises about "how the world works" were set back then and remained untouched until just now.

I can see it in my parents: they're increasingly upset and blame a so-in-so in government for being "an idiot", but it's not over the same things that my generation is, and it's not wholly defined by party politics or culture wars either, though they are drawn to the messaging and engage with the soap operas of the news cycle. It's a much bigger affront for them when something new is being tried that "obviously doesn't work", because their opinion was set back when the options were different and fewer - and the people who thought differently back then didn't survive: surviving sets norms.

Combine that with the looming pains and fears of age and now they are just axiomatically conservative. No change, change doesn't work, change is a grift. Invest in winners. Faced with a broad reinvention of the world that ignores their opinions and shuffles around policy and value chains pragmatically with the available constraints, they are terrified.

No, older people aren’t axiomatically conservative any more than young people are axiomatically liberal or radical. It might be a reasonable bet, but I see young people at right wing rallies and old people at left wing ones. Don’t assume.

Some people give a shit about others. Some do not. If you don’t like how things are or how they’re going, act to change them. Other people are.

Might put a downward pressure on stocks due to shifting asset classes and just getting liquid when entering retirement. There were age concerns re covid which probably allowed people to judge their desire and need to work vs retire. There will be medical issues which will drain off some cash and possibly keep boomers working to 65 but I’d agree they’re getting out of the way.

The issue with many staffing shortages being due to the baby boomers demographic is that we should expect it to worsen for a minimum of 8 more years.

And some degree of this age bracket and the workforce also correlates with health issues, disability, and recent decreases in life expectancy (not excluding the opioid epidemic and covid impacts).

Right as boomers finally start to give up the reigns, millennials realize they don't want them. I hope that leads to a time of big opportunities.

Just skipping right over gen x?

Man, my dark older brothers that I never had. I love those crazy bastards, but they really got the shit end of the stick, and there just isn't that many of them compared to the generations that sandwich them.

I feel like Gen X is a lost generation. We never had the opportunity to take the reigns from the Boomers, they just clung to everything and told us if we say tight and did what we were told we'd be ok.

For older Gen X that worked out but younger Gen X not so much.

The younger generations are just fed up at this point and preparing to cease power before the impotent Gen X can.

Mix of two things, I think. Gen X is a smaller demographic, and often overlooked/forgotten, and I've observed an apparent tendency to apply "boomer" to include what is actually Gen X, when in fact the Baby Boomers are often parents to Gen Xers.

Time dilation, recency bias, and all that. Anything that happened before you were born is all history, right?

>Right as boomers finally start to give up the reigns

English major?

1946 + 65 = 2011.

The boomer vanguard is going to be in their 80s soon.

And the millennials are starting to turn 40.

"...then one day you find ten years have got behind you"

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