There's a reason why every American worker is paying 6% of their income to give checks to the richest cohort in society, and every politician is afraid to touch the program.
Can you expand on what you mean? I may be ignorant but my understanding of the system is you would technically get more back percentage wise as a low wage worker? Of course this is not just some cost benefit analysis, that money means more if you make less while you are still paying in. This is not a comment on the system at large, just more specifically I want to understand what you are implying.
Every young person in America is paying 6% (3% directly, 3% by their employer) of every pay check into a wealth redistribution program. Who receives the money from that program? Baby Boomers, who have an average wealth of $1.8 million, only ~$400k of which is in that house they don't feel pressure to down-size out of. The remaining ~$1.4 million is spread across a number of liquid-able assets that they could use to fund their lifestyle if they choose to.
It's funny that most politicians promise taxes on the wealthy to support social programs without mentioning that the overwhelming majoring of said programs involve forcing young people who don't own homes and aren't having families to give UBI to millionaires.
Parent's typically aren't in charge of understanding and regulating technology they barely understand, let alone can operate. We need to strip the gerontocracy of their ability to enrich themselves while being incapable of understanding the world around them. The founding fathers were in their 30s.
As a parent a large part of my responsibility is making decisions and regulation about how they are allowed to interact with trends and technology I barely understand.
The term "Senate" comes from the Latin word "senex" meaning "old man", and obviously the US inherited the term "Senate" from ancient Rome. This is a basic structure of society.
The issue is that this particular group of people older than 65 at this particular time in world history (which you happen to be living in) are Boomers who are probably the most child-like, foolish, and ignorant generation of people in world history, due to the circumstances of their upbringing (post-WW2, high technology, opulence, drug use, sexual revolution, peace in the developed world).
This isn't ageism, since normally old people do tend to have more wisdom and knowledge than young people.
There is something that really went wrong with the Boomer generation. The goal of every society is basically to survive their Boomer generation which many are not really seeming to manage.
At some point absolutely, but if someone is capable of executing there's no reason for them not to continue.
My dad's at retirement age yet continues to work on bleeding edge harness engineering and cloud security work, yet there are plenty of 30 and 40-somethings on HN that don't know the difference between a CNI and kube-proxy.
And my granddad's still physically active as a farmer in the old country. And his parents were alive and active into their 90s (also as farmers).
Yes, in general people place a lot of value in the wisdom that comes with age so long as the person isn’t senile.
Obviously with autocrats this isn’t applicable but there’s nothing inherently nonsensical or inexplicable about why mostly old dudes rule much of the world.
>Yes, in general people place a lot of value in the wisdom
I don't think that holds as an explanation given that 1. there's not a lot of wisdom going around among the geriatric leaders of the world, 2. this is a pretty rapidly increasing trend, not some fact of history.
Historical leaders used to be younger, including after accounting for increased lifespans. Just look at the founding of the American Republic. It's much more a sign of two things. Increased decadence and civilizations that are themselves at the end of their rope, and in democracies in particular a geriatric population that keeps voting itself into power based on their own interests.
I haven’t done the math but I’m assuming if you look at the founding fathers and life expectancy for the general population in the 18th century they would have represented what people in their 60s represent today relative to the rest of the population.
Also you can’t really talk about a geriatric population ‘voting itself into power’ if it makes up such a small proportion of the population. Young people just abstain from voting in western democracies, which is a choice just as much as voting one way or the other is. Yes, a person votes in his own self interest - that’s how that works.
It's funny that most politicians promise taxes on the wealthy to support social programs without mentioning that the overwhelming majoring of said programs involve forcing young people who don't own homes and aren't having families to give UBI to millionaires.
That, and people who are old enough to collect social security are rich.
Combine those two facts.
Even under regimes run by young people their advisors are old people.
The issue is that this particular group of people older than 65 at this particular time in world history (which you happen to be living in) are Boomers who are probably the most child-like, foolish, and ignorant generation of people in world history, due to the circumstances of their upbringing (post-WW2, high technology, opulence, drug use, sexual revolution, peace in the developed world).
This isn't ageism, since normally old people do tend to have more wisdom and knowledge than young people.
There is something that really went wrong with the Boomer generation. The goal of every society is basically to survive their Boomer generation which many are not really seeming to manage.
Which is ironic because I am younger than most HNers and Substackers who espouse this opinion and find it to be a weird form of ageism.
To me, a 45 year old and a 65 year old are equally out of touch or "old", so it feels like a pot calling a kettle black.
My dad's at retirement age yet continues to work on bleeding edge harness engineering and cloud security work, yet there are plenty of 30 and 40-somethings on HN that don't know the difference between a CNI and kube-proxy.
And my granddad's still physically active as a farmer in the old country. And his parents were alive and active into their 90s (also as farmers).
Obviously with autocrats this isn’t applicable but there’s nothing inherently nonsensical or inexplicable about why mostly old dudes rule much of the world.
I don't think that holds as an explanation given that 1. there's not a lot of wisdom going around among the geriatric leaders of the world, 2. this is a pretty rapidly increasing trend, not some fact of history.
Historical leaders used to be younger, including after accounting for increased lifespans. Just look at the founding of the American Republic. It's much more a sign of two things. Increased decadence and civilizations that are themselves at the end of their rope, and in democracies in particular a geriatric population that keeps voting itself into power based on their own interests.
Also you can’t really talk about a geriatric population ‘voting itself into power’ if it makes up such a small proportion of the population. Young people just abstain from voting in western democracies, which is a choice just as much as voting one way or the other is. Yes, a person votes in his own self interest - that’s how that works.