in 1990, baby boomers had perhaps less than 20% of the wealth—presumably early boomers such as Trump or Clinton had most of it, but over 50% were Silent Generation (such as Larry Ellison) and earlier. Also Papa Bush was President, and Thatcher and Mulroney were PMs (UK and Canada respectively).
in 2000, baby boomers had perhaps perhaps 40% of the wealth, and the oldest Gen Xer was 35. Clinton was President, Blair and Chrétien were PMs (UK and Canada respectively).
in 2010, baby boomers probably had over 50% of the wealth—though probably less than 55%—and I’d say perhaps 70% of millennials were of voting age. Obama—a Boomer—was President, Brown and then Cameron—both Gen Xers—were PMs of UK, while Harper—a boomer—lead minority government in Canada (Michael Ignatieff—a liberal and Liberal Russian-Canadian intellectual Boomer was Opposition leader).
in 2020, baby boomers probably still had over 50% of the wealth—though probably less than 56%—with Gen X and Millennials having almost 25% of the wealth with Silent and earlier have perhaps less than 15%. Trump was President and Boris Johnson was PM—both boomers. Gen Xer Trudeau was Canadian PM. This was the big Covid-19 year.
in 2025 (Q4), baby boomers probably still had over 50% of the wealth, with Gen X and Millennials having perhaps 35% of the wealth with Silent and earlier have perhaps more than 10%. Trump was President, Keir Starmer (another Boomer) and Mark Carney (another Gen Xer) were PMs.
In 2028, the youngest Boomer will be 63 years old, while the oldest (such as Trump) will be 82. If the perception is most are sedentary fat asses on their electric scooters, and that this is indeed unhealthy, then many will die off by then. If one of these is not true, then many will be alive and will perhaps give some hope for those younger who maybe be wishing to greet the 22nd century alive and healthy, or at least relatively healthy.
From 2010 to 2015 Gen X and Millennials went from about 8% of the wealth, to about 35%, or about 4.375x or about 4.3% per annum. At this rate by 2028, they will have about 48% of the wealth, or get to 50% in about 9 years—2035. At this point, the youngest Boomer will be 88, the youngest Gen Xer 70, the youngest Millennial 54, the youngest Zoomer 21, and perhaps a third of Generation Alpha be of voting age.
I predict that in 2028, the Presidency will go to either J.D. Vance, or a centrist Democrat—perhaps Newsom—and 2032 will probably go to the incumbent—In the past 100 years only 7 first-term incumbents were succeeded by another, over the course of less than 22 years: 2 were in the 1920s, one was assassinated, one was a Democrat who lost to Reagan, one arguably had his vote split by a billionaire “outsider” who regarded both parties with contempt ( https://www.youtube.com/watch?v=naHdnyogJjA 1:02 ), and one who was/is an octogenarian.
(FWIW, I predicted Dubya would win in 2004, Obama in 2008, again in 2012, Clinton in 2016, and around Sept/Oct 2020, that Biden would win. 😁)
Thank you.
It seems that according to your chart:
in 1990, baby boomers had perhaps less than 20% of the wealth—presumably early boomers such as Trump or Clinton had most of it, but over 50% were Silent Generation (such as Larry Ellison) and earlier. Also Papa Bush was President, and Thatcher and Mulroney were PMs (UK and Canada respectively).
in 2000, baby boomers had perhaps perhaps 40% of the wealth, and the oldest Gen Xer was 35. Clinton was President, Blair and Chrétien were PMs (UK and Canada respectively).
in 2010, baby boomers probably had over 50% of the wealth—though probably less than 55%—and I’d say perhaps 70% of millennials were of voting age. Obama—a Boomer—was President, Brown and then Cameron—both Gen Xers—were PMs of UK, while Harper—a boomer—lead minority government in Canada (Michael Ignatieff—a liberal and Liberal Russian-Canadian intellectual Boomer was Opposition leader).
in 2020, baby boomers probably still had over 50% of the wealth—though probably less than 56%—with Gen X and Millennials having almost 25% of the wealth with Silent and earlier have perhaps less than 15%. Trump was President and Boris Johnson was PM—both boomers. Gen Xer Trudeau was Canadian PM. This was the big Covid-19 year.
in 2025 (Q4), baby boomers probably still had over 50% of the wealth, with Gen X and Millennials having perhaps 35% of the wealth with Silent and earlier have perhaps more than 10%. Trump was President, Keir Starmer (another Boomer) and Mark Carney (another Gen Xer) were PMs.
In 2028, the youngest Boomer will be 63 years old, while the oldest (such as Trump) will be 82. If the perception is most are sedentary fat asses on their electric scooters, and that this is indeed unhealthy, then many will die off by then. If one of these is not true, then many will be alive and will perhaps give some hope for those younger who maybe be wishing to greet the 22nd century alive and healthy, or at least relatively healthy.
From 2010 to 2015 Gen X and Millennials went from about 8% of the wealth, to about 35%, or about 4.375x or about 4.3% per annum. At this rate by 2028, they will have about 48% of the wealth, or get to 50% in about 9 years—2035. At this point, the youngest Boomer will be 88, the youngest Gen Xer 70, the youngest Millennial 54, the youngest Zoomer 21, and perhaps a third of Generation Alpha be of voting age.
I predict that in 2028, the Presidency will go to either J.D. Vance, or a centrist Democrat—perhaps Newsom—and 2032 will probably go to the incumbent—In the past 100 years only 7 first-term incumbents were succeeded by another, over the course of less than 22 years: 2 were in the 1920s, one was assassinated, one was a Democrat who lost to Reagan, one arguably had his vote split by a billionaire “outsider” who regarded both parties with contempt ( https://www.youtube.com/watch?v=naHdnyogJjA 1:02 ), and one who was/is an octogenarian.
(FWIW, I predicted Dubya would win in 2004, Obama in 2008, again in 2012, Clinton in 2016, and around Sept/Oct 2020, that Biden would win. 😁)