Source: Ludwig von Mises Institute
by Connor O’Keeffe
“[I]t’s easy to understand why many have increasingly come to consider the United States to be a gerontocracy, or a society ruled by old people. As with just about anything online, there are sophisticated and unsophisticated versions of this observation. The unsophisticated version simply points to the multitude of examples of politicians remaining in office long after most people would have retired from just about any line of work and concludes that the prevalence of exceptionally elderly politicians is hampering the government’s ability to function properly. … The more sophisticated version of the ‘America is a gerontocracy’ narrative focuses less on the politicians themselves and more on what the government is doing. … government programs are actively transferring vast amounts of wealth from younger generations to older generations who are, on average, much wealthier.” (07/15/26)
https://mises.org/mises-wire/americas-gerontocracy-goes-deeper-aging-politicians