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In the USA, the 65-and-over age group appears to have significantly more political power than the 18-to-24 age group, even though the latter group is much more

In the USA, the 65-and-over age group appears to have significantly more political power than the 18-to-24 age group, even though the latter group is much more likely to be employed. The explanation seems straightforward: older people vote at significantly higher rates than young people. In fact the economic dependency of older people seems to be a rallying cry for considering their interests; both parties will invoke "grandmothers living on fixed incomes" when they want to promote or oppose some broader policy.

pixl97 8y ago
Eh, you're incorrectly doing a temporal shift here.... The older group were workers. They earned income. They invested it, and now are attempting to maintain control of their investments with the last power they have, voting. Those same young people that have jobs now, that put it in retirement, will be the old people investing in the future.