THE MOST TROUBLESOME AGE GROUP EVER: A LETTER TO THE ECONOMIST (January 4, 2011)
Your reference to babyboomers as “the most troublesome age group ever” gives me quite some pleasure (“As Boomers Wrinkle,” January 1, 2011). Born in 1946, I am among the first of them to reach “normal” retirement age of sixty-five later this year. As the age group stretches to those born in 1964, there are seventy-eight million boomers yet to retire in America. In the next two decades, people aged sixty-five and over will thus rise from seventeen percent of the voting-age population to twenty-six percent. They are likely to defend their comfortable retirement with all their might. And they will have the time and the means to follow politics, as you argue. As well as the inclination, I would add. One of the issues that will undoubtedly attract their attention is the problem of funding their pensions, which will only grow over time. So far, so good. I am not sure about your expectation that boomers will turn Republican, though. It is true that Americans over sixty-five increasingly identify themselves as conservatives and vote Republican, as you claim, but boomers are likely to be a bit different than their predecessors. Shaped in the Sixties and Seventies, they are likely to keep surprising. Only remember your own characterization of them!