It's the final fling of the boomers (speaking as the trailing edge of them). This is transitional and we'll see changes in the next political cycles. In the US

It's the final fling of the boomers (speaking as the trailing edge of them). This is transitional and we'll see changes in the next political cycles. In the US it will be the post Nixon, post Reagan politicians, in the EU it will be the post Berlin Wall/unification politicians. The problems of the 20th century are fading, but the problems of the 21st are crystalizing. Climate Change, the effects of 40 years of laissez faire capitalism and dergulation, the effects of casualisation of the work force and in many OECD societies, lack of wage growth or wealth of the lower/middle classes.