Here Comes the Boom

Seth Godin on Tim Ferris' Podcast

When we (Boomers) were draft age, that was when the draft really mattered. And when we were listening to rock and roll, that’s when music really mattered. And when people needed to make money for their family, that’s when Wall Street really mattered. And now boomers are dying. And so we are living in a culture where there’s an overhang of all these people with loud voices talking about the end of the world because it’s the end of their world, but it’s not the end of the world.

This feels true and important and I can't figure out how to respond but it's been bouncing around in my head for about 2 weeks.

Boomers make up about 1/5 of the population of the US and my guess is hold about 80% of the wealth (or more, depending on how far you take Pareto's rule). The oldest boomers are 77 and youngest are 59. Probably, the largest wave of boomers started to retire about 10 years ago (2014), might have accounted for some of the wage stagnation we experienced. The rest will retire by 75, which is in the next 16 years.

I wonder if the tenor of political conversation is more apocalyptic because their world is ending.