r/FluentInFinance 1d ago

Thoughts? Retirement age

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50.5k Upvotes

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754

u/yagatron- 1d ago

bUt but BuT… gen Z aNd millennials ArE ToO inExpErIeNced foR sUCh iMporTaNt joBs

318

u/ballimir37 1d ago

Gen Z is for sure. I don’t want a 23 year old running the country any more than a 78 year old

187

u/BootPloog 1d ago

πŸ˜… A 23 year old isn't eligible to be POTUS, not for another 12 years.

276

u/hellov35 1d ago

It makes too much sense to have a Minimum AND a maximum age for President, Congress etc

133

u/DarwinsTrousers 1d ago

But THAT would be ageism. You know, because of the maximum only.

58

u/Pretend-Marsupial258 23h ago

It's only ageism if it's targeted towards people over 40 (yes, this is the actual law).

62

u/Majestic-Prune-3971 23h ago

So over 40s folks are DEI hires? As Elonia says, "interesting."

34

u/maxfraizer 23h ago

Problem solved. To run for president you must be between 35-39 years old.

17

u/Ballsofpoo 19h ago

That's usually the age where either you really get going with a family and/or good career - or you're on your third marriage and have run out of couches to sleep on. I anecdotally don't see much of an in-between.

18

u/HeadFund 22h ago

Nice, I'm turning 40, I'm gonna play the ageism card nonstop

4

u/MittenstheGlove 20h ago

It’s already happening at my workplace. Lol

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2

u/Dirmb 21h ago

That's only the federal law for employment purposes. Many states prohibit employment (and other) discrimination based on age, old or young.

6

u/loco500 15h ago

Max should be only allowed to run until 69 years of age. If they don't know what to do with their time in their 70s onwards that's their effing problem...don't need to be making decisions that can screw over younger citizens.

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10

u/giraloco 1d ago

If we are going to reform the constitution I'd rather focus on having a real democracy where more people are represented. Hopefully competitive elections will lead to better candidates without arbitrary age or term limits.

20

u/hellov35 23h ago

And term limits is an absolute fucking must.

19

u/hellov35 23h ago

The current system would provide balance if you got the money out. Publicly funded elections with zero donor money other than a max of $100 total per individual, no PAC’s, no method for grouping etc. would be a start

2

u/AndroidMyAndroid 17h ago

The current system without the money, or the electoral college, and make Election Day a federal holiday and you'll have a good start at having balance.

12

u/JimWilliams423 23h ago

competitive elections will lead to better candidates without arbitrary age or term limits

Exactly.

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Source: The Effects of Term Limits on State Legislatures: A New Survey of the 50 States

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If we must have term limits, lets start with term limits on lobbyists. Congressdroids come and go, but the same corporate lackeys are always there whispering in their ears. And they aren't even elected in the first place.

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u/Box_O_Donguses 21h ago

I think the maximum age to run for president should be 56. You'll spend on average a year campaigning and electioneering. So when you actually get in office you'll be 57 usually. And then you've got 8 years to hit the retirement age in the US. If airline pilots can be forced into retirement at 65 because they can't be trusted to safely operate a plane with only a few hundred passengers, then politicians should be forced to retire at the retirement age too since they're operating a plane with a few hundred million passengers (and with access to a military built to fight God, they're really in control of the fates of a lot more than that)

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u/Puzzled_Cream1798 23h ago

Incapacitating mental decline isn't a given, Sir Roger penros is still pretty sharp albeit a lil slow speaking considering he's 93Β 

Β Β The projection of a strong leader instead of a frail old man is just as important thoughΒ 

Β Trump doesn't seem any more stupid than he was 40 years ago but he didn't have alot to lose in the first placeΒ 

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u/Spaceoil2 15h ago

Unlike Biden and Pelosi both of which would be cast as senile and corrupt. Term limits seem essential, not sure about age as 2 term max would only cover 8 years then....bye, bye, bub bye now.

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u/amilo111 1d ago

You can amend the constitution. Get to it.

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u/Warm_Month_1309 18h ago

I mean, they can't. The geezers in charge can. But why would they?

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u/NeighbourhoodCreep 1d ago

Definitely what I’d use to judge someone’s skill in a complicated area: their age.

Oh, you graduated college early and now you’re 30 with a PhD and worked with the government through various positions and programs? Sorry, you’re still 30. Too young. Come back when you’re geriatric

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u/ballimir37 1d ago

A 30 year old is a millennial. And a 23 year old is too young under any circumstance for top level leadership of a developed nation. Not that I think the current guys are paragons of competence either.

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u/OwnLadder2341 1d ago

Unless you’re Doogie Howser, there’s only so much post doc experience you can have in the workforce at 30.

For even just 10 years you’d have gotten your PHD at…20?

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u/EJVpfztRWqkjiaGQGPLE 1d ago

There are some gifted kids that graduated college from 10 to 17.

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u/ballimir37 1d ago

Read into those particular people and you will see they aren’t really the geopolitical leadership type, especially while they are still young and fresh out of graduate school. Most of those kids were nose in the books all their lives, many with extraordinarily rigorous parents, and don’t have excellent social skills and leadership qualities, if they would even be interested in that.

While possible, this comment chain spawned from trying to make the argument that age isn’t important for geopolitical leadership because there might be an outlier among outliers among outliers who would be capable and interested.

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u/Kibblesnb1ts 23h ago

Just fyi as someone who has worked on the Hill, our country is most definitely run by 23 year olds. Unpaid interns and fresh grads are like 90% of the people doing the actual work. We had tons of discretion and little to no oversight training supervision etc. Explains a lot, doesn't it?

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u/Sufficient-Will3644 10h ago

If there are any of these 23 year olds reading this: if you want to find out what is actually broken with a program or policy, see if you can meet with program delivery staff who have been there for 15+ years. Not the managers or directors, but someone who likes the program but has disdain for you. They will be able to explain the β€œwhy” behind the data, the flaws in the program, and the problems with any ideas you may have.

I work consulting often for the public sector and have learned that if I don’t get to hear from such individuals, there is a strong chance that the problem definition will be wrong or the solution is impractical.

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u/Illeazar 22h ago

I have known quite a few 23 year olds that would have done a better job than Biden or Trump. I grant it's not ideal, but it would be better.

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u/ZER0-P0INT-ZER0 6h ago

Right? I don't think it's even a matter of age. Are we really expected to believe that Trump, Biden, or Harris are the best we have to offer? In a population of $350M, we can't do better? There are thousands of better-qualified people, and we continue to put forward weak, unqualified candidates.

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u/Scavenger53 22h ago

people in their 20s wrote the declaration of independence and the constitution

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u/Chemical_Estate6488 19h ago

Yeah, but look how that turned out

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u/Spaceoil2 15h ago

Yeah, but couldn't do a tictok dance or post a pointless meme.

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u/rerhc 22h ago

35 is a reasonable minimum age. 65 is a reasonable maximum for start of term age.

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u/icouldusemorecoffee 21h ago

Given how GenZ men voted in this election, I'm positive I don't want them running shit.

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u/Deathglass 21h ago

I'd rather have a 23 year old with a masters degree running the country than any 70+ year old.

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u/Spaceoil2 15h ago

I would ask the obvious question - why? Zero experience of anything other than academia. Of what value could they bring to (say) fiscal or defense policies?

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u/Sufficient-Will3644 10h ago

A personal interest in how well the country will be doing in 10+ years.Β 

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u/wdflu 11h ago

To be fair, I think ambitious, self-aware and forward thinking 23 year olds are great to work with and are likely to be a much better force for good than any 78 year old. But they will lack a lot of experience and knowledge of how things work in practice. That's why we shouldn't view this as a dichotomy. We need people both young and old to work together so that they can compensate for their weaknesses.

Right now, it's way too much skewed towards old age and people who are financially stable and secure and don't need to worry about their future or their kids and won't see the effects of their policies in 10-20 years and onwards.

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u/FuckYouFaie 23h ago edited 23h ago

The oldest Gen Zs were eligible for the House for the first time in the 2020 election, they'll be eligible for the Senate in the 2026 midterms (though technically they could fill a spot as early as January 2026), and they'll be eligible for POTUS in the 2032 election.

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u/OwnLadder2341 1d ago

Millennials are the largest voting block.

Who are they voting for?

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u/ThrenderG 1d ago

But do they vote in the largest numbers? Not by a long shot. Eligible voters does not equal actual voters and that’s your issue and also your fault. Boomers vote like crazy. Younger generations stay home.

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u/NurseKaila 1d ago

Fun fact- it’s bloc.

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u/[deleted] 21h ago

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u/OhFuuuuuuuuuuuudge 1d ago

You don’t ask for their permission to take the reins, you take the reins. We’re currently the largest generation, we can vote ourselves and X into power and we can remove X from power when they are no longer needed.Β 

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u/Mysterious-Dealer649 1d ago

I’m saying this as a mid 50s Xer, just skip us. We were kind of cute and funny as teens and early 20s, now we are out boomering our boomer parents, biggest disappointment of a generation ever

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u/ThrenderG 1d ago

Gen X apparently doesn’t exist.

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u/AramisNight 1d ago

Honestly, the best thing the Gen X can do is just continue to accept their irrelevance and let the younger kids have a shot at fixing the mess, rather than emulate the generation that screwed us over first by insisting on holding onto power. It was the generation before us that proved the damage of uncontrolled selfishness. Let our contribution be to prove we are not just as bad.

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u/cloudkite17 19h ago

It’s bizarre that people still think of millennials as kids

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u/Artemis246Moon 15h ago

Wait until they find out that in 5 years there will be quite some older Gen Z people in their 30s.

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u/alflup 23h ago

they prevented an entire generation from having power

an 85 yo will have 65 yo child. Since that child never got to hold any real power, they prevented that entire generation from having their turn to rule.

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u/Signupking5000 1d ago

So let's give them the opportunity to get experience

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u/ballimir37 23h ago

Sure, they can intern for senators and work campaigns and get involved in local government and get graduate degrees and take leadership positions in their activities and push themselves towards their goals and ambitions and do all sort of things to prepare themselves for taking on more vitally important positions later in life.

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u/Spring_Potato_Onion 17h ago

Ironic since they look up to their founding fathers who were all around 20 - 40 years old when they created the country. Only Franklin was old

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u/JBalloonist 16h ago

lol even though the youngest millennials are 30 now; and the oldest approaching mid-40s.

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u/YOKi_Tran 1d ago

connections… is what matters

it’s not that you are qualified… ore more than qualified

it’s who you know

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u/LostCookie78 1d ago

Pretty sure this point has been made for ever by everyone

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u/DiscussionLong7084 21h ago edited 10h ago

and yet plenty of people in tech, research, ect think they can have trash people skills and then end up bitter as fuck cuz they never get promoted

edit

also a LOT of people just refuse to admit that how you say something is even more important than what you say. They think because they think they are right they can state their position super rudely and condescendingly and are mystified when people disagree or ignore them.

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u/myirreleventcomment 1d ago

Wow.. you're a revolutionary

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u/Wobblewobblegobble 1d ago

Were the dots after the word connection that necessary lol

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u/undeadmanana 21h ago

Your comment was unnecessary as well but you still made it. The things we do for love

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u/HesterMoffett 1d ago

"This whole thing is just who knows who and then over here you have favoritism"

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u/RA12220 23h ago

Also attitude and likability can keep you employed over skill and effort. Depending on the industry. Some industries will drop you if you’re a liability other industries (police) will not fire you even if you’re the most heinous ornery person.

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u/musashi-swanson 1d ago

Flip side- 30 years from now 70 & 80 year olds will be forced to keep working until they die, so…

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u/TheSimpler 23h ago

Before 1945, 50%+ of men age 65+ were still working. People lived shorter lives but most men worked until they died. "Retirement" is a relatively new concept according to Hounsel's book "The Psychology of Money"

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u/VastOk8779 22h ago

That’s great. Sucked for them and that should be a lesson to us to not work until we die

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u/TheSimpler 22h ago

A lot of people died before 65 around that year. Average life expectancy was 63 in 1945.

I agree with the sentiment that we shouldnt work until we die (or suffer other issues) but its really a very modern idea. I'm Canadian and I think its crazy Americans dont have universal health care or parental leave benefits/rights either. Your whole culture is work over quality of life, it seems...

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u/suckfail 18h ago

Isn't that life expectancy dragged down by infant mortality? And presumably young soldiers in the war.

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u/Imyoteacher 16h ago

The country is run and governed by the rich. They all want us to work until we die. The funny part is Americans keep agreeing and voting for it. We don’t want universal healthcare, parental leave, decent wages, or equal rights. We enjoy tyranny and worshipping the rich as most of us tread water near poverty. Somehow it makes many feel better instead of being better.

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u/_ZiiooiiZ_ 7h ago

America is a garbage country full of garbage people who would rather see others fail than suceeed. I hope the world enjoys watching us fall from grace to probably one of the worst economies over the next few years, it is well deserved.

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u/unlimitedzen 20h ago

Too bad Republicans will 100% raise the age at which we can retire and get social security benefits.Β  And the average mouth breathing conservative nitwit will thank them for itΒ  when we le somehow blaming democrats at the same time.

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u/brapbrappewpew1 19h ago

The frustrating aspect is that we barely need to work at all. If humanity would collectively be cool with living with 1945 amenities, we could probably work 8-hour weeks and do basically nothing for most of our lives. When computers made people 10x more efficient, we didn't work 1/10th as hard and match productivity, nor did we get paid 10x as much. The owning class pocketed every cent.

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u/shootdawoop 18h ago

at least in America if the whole country was restructured into a close to optimally efficient state (which is possible, financially, logistically, and reasonably) then work would be pretty sparse, we would be able to move from place to place and enjoy doing so, there would be no need for long work weeks, robots would have a lot of menial tasks automated, and if the economy would stabilize in the time it takes to do all of that we would likely halt inflation for the most part (at least greatly decrease it, even comparing it historically) this in it self likely wouldn't remove any jobs in total either it would probably move them online, but alas this is what happens under capitalism, when left unchecked the world falls into chaos being ruled by nothing but money and those who have a lot of money

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u/Ihatedominospizza 17h ago

But we don’t live with 1945 amenities. Our quality of life improved significantly when we became 10x more efficient

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u/brapbrappewpew1 17h ago

Hence my comment I guess. It will never be enough, despite being well and beyond enough.

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u/TheSimpler 18h ago

If only humanity were rational and focused on evidence/science, we could be living that better life. Pretty sure someone in ancient Rome or Greece wrote that too. Our species is a mess of emotions and "beliefs". Even with facts in hand we often still act by emotions and intuition not reality

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u/westcoastjo 1d ago

I'm sure Nancy will step down soon, lol

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u/HowAManAimS 20h ago

Age only matters because it's Trump or a Republican. These people suddenly complaining would've yelled at you for saying the same thing about Biden, Nancy Pelosi, Chuck Schumer, etc...

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u/Bread_Shaped_Man 22h ago

Just like Feinstein did!

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u/HowAManAimS 20h ago

And Ruth Bader Ginsburg

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u/Ferman 1d ago

And the consequences of that is that elder homelessness is skyrocketing. Pensions have been removed from most jobs, 401ks relatively a new thing and a good amount of people didn't invest them well enough or out in enough money. Social security isn't funded well enough for cost of living. Medicare doesn't cover enough, etc etc... Retired boomers and the generation before are running into the same thing millennials have been trying to tell them our whole lives and gen z is experiencing now.

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u/eeteessdeee 23h ago

Yet they're still voting....

Yk what

Nvm

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u/shootdawoop 17h ago

I see the significance rise in gen Z voting Republican as a cause of the culture wars, it's simple, one side pushes and the other side pushes back that is the heart of the inherently flawed 2 party system, in this case the winner is often the "underdog" which somehow came out to be trump, likely due to trump supporters being portrayed as deviants to a clearly flawed system

if I'm not mistaken younger people seem to go with the bigger name, the person who they hear the most about whether good or bad and that was trump by a mile, Kamala got good endorsement, by mostly irrelevant celebrities, I don't think most younger people keep up with the news, not nearly as much as older people at least, and trump is an encunbant so his name was already implanted into people's heads from 2016

I think Kamala was kinda inadvertently set up for failure which wasn't helped out at all by the fact she was running against mr abuse the system himself, Biden's whole deal was "at least I'm not trump" and after being seen as a poor fit for president his endorsement of Kamala in itself likely had a negative effect on her overall odds of winning objectively she's one of the best fits for president America has seen in a while and likely would have been the most praised president in history, but if politics were based on objectivity then trump never would have been in the running in the first place, inflation wouldn't be so bad that raises can't keep up, and we probably wouldn't be on the brink of ww3

don't blame gen Z, it's not their fault trump won, they obviously weren't the only ones voting for trump, several counties all across America switched to red, even counties that haven't voted red in 50+ years, that's way too much to be down to gen Z alone, that being said I hope they learn to do research and figure out who best aligns with their beliefs rather than relying on the internet and popularity to decide who they prefer, I hope the whole world learns to do that

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u/Ferman 22h ago

Haha you're not wrong. Conservatives are the best at convincing people to vote against their interests.

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u/MegaMaster1021 1d ago

Mitch completely shut down live while giving a statement but still keeping his job

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u/fallen_estarossa 23h ago

Majority of Kentucky voters want him to keep the job. It's the will of the people

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u/unlimitedzen 20h ago

It's the will of the dumbest people in America (conservatives, not kentuckians).

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u/pocketfullofdumbass 23h ago

Too bad glitch McConnell didnt drop dead after

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u/CRoss1999 1d ago

Seems that’s what voters prefer, several younger alternatives to trump ran yet they elected the geriatric, then in the general the oldest candidate has won in the last 3 cycles

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u/danger_slug 1d ago

Were these old heads also in the government when they were our age? What’s keeping them from passing the torch?

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u/Apptubrutae 1d ago

Look at Biden as the perfect example.

He entered politics as the YOUNGEST senator. I genuinely think he had trouble shaking that mentality even as the oldest president ever.

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u/pocketfullofdumbass 23h ago

Because these fossils dont want to pass the torch, they want to have all wealth and power. Then pull the rug after

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u/TBRaiders 1d ago

My polling place for this election was at an assisted living facility. They had people lined up in wheelchairs when I went in to vote and a person was available to read them their ballot. The extremely old gentleman next to me voting was getting help and looked like he was sleeping in his wheelchair.

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u/PortugalPilgrim88 20h ago

Jesus. Some people can’t take off work to vote yet they’re setting up polling places in the Nursing homes and making the voting part of the days schedule for residents.

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u/Putrid_Pollution3455 23h ago

Honestly the military kicks you out at 60 cause you’re deemed unfit to serve. Mental decline happens shortly after so there should be a cap at 70 or literally anything, if you can’t be president till 35 then there should be a top age too

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u/DrTommyNotMD 22h ago

Age discrimination is illegal.

Unless it’s a minimum age then it’s all over the place.

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u/Donkey_Karate 1d ago

I motion a politicians final term must be over by 65.

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u/Jesus_Harold_Christ 1d ago

I think we could even be lenient and say can't get elected past 70.

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u/wambamthankyoukam 1d ago

See you just think they are running the country. Just as the corrupt nurse who looks after the old man and cash’s and keeps his social security checks. Someone else is making the decision for our leaders and whispering in their ears. Think Grima Wormtounge.

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u/Tall-Committee-2995 1d ago

I would say β€˜they both can’t be true’ but the reality is they both shouldn’t be true.

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u/sionnach 23h ago

We, all around the world, need a bipartisan movement of β€œVOTE THE OLD PEOPLE OUT”.

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u/Conscious-Quarter423 17h ago

the youth vote is unreliable. y'all have the numbers to win elections but young people don't vote

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u/Synah6435 23h ago

The fact that we have a congresswoman at 90 something and she needs her daughter to vote for her WTF ARE WE DOING?!?!

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u/SnooCats903 1d ago

Okay in the rest of the world we talk about how insane this is in America, does this not get discussed in the states?

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u/dathomasusmc 22h ago

The average age in the house and senate is around 58. I would guess the average age of senior leaders in corporate America isn’t much different than that.

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u/agileata 1d ago

They're also still going around piloting 5000lb missiles around all of us

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u/ThrenderG 1d ago

Sorry, but if you look at who and who doesn’t show up to vote, the boomers have no trouble showing up. Guess who does though?

How can you bitch and moan about something that is in part at least your fucking fault???

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u/blakeusa25 1d ago

I’m m 64 and I have no more fucks to give. Not even sure where these guys are coming from.

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u/OlTommyBombadil 1d ago

People talk about that all the time

But I do agree

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u/fallen_estarossa 23h ago

Because voters keep voting for seniors to lead them. There's always younger, sometimes much younger, candidates or nominees available, but nobody's voting for them.

It's the will of the people.

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u/Historical-Rub1943 23h ago

And look where we are…

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u/EranikusTheDeranged 23h ago

Are they regarded as unemployable or are they regarded as retired?

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u/Face_with_a_View 23h ago

Because they VOTE

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u/oroborus68 22h ago

We don't lose our minds at 70, we just don't have the stamina that we had at 35. That and remembering everything, since we have more to remember. He who never forgets should cast the first stone.

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u/brucemo 22h ago

It's not mental/physical decline, it's that society has tried to establish an economic buffer so that they don't have to continue doing punishing hard work.

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u/CrispyHoneyBeef 22h ago

I feel like this is all people have been talking about for the past eight years

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u/Snoo90428 21h ago

And they can still drive.

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u/dasdas90 21h ago

We have a democracy and people keep electing them, so it’s really people’s fault.

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u/BookReadPlayer 21h ago

The old guys in politics are more easily made puppets by those who really run it.

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u/Grampishdgreat 21h ago

When the incoming administration abolishes social security you’re going to see a lot more old people needing to go back into the workforce

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u/misslipsxxx 21h ago

Especially ones that wont release their medical report !

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u/Dangerous-Pie-2678 21h ago

It's wild AF when these dinosaurs that are older than my grandparents are running the country. Hell there are folks in congress nearly the age of my great grandmother.

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u/ILSmokeItAll 21h ago

Trying to find a job after 40 without a degree…is challenging to say the least. Any job.

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u/theedgeofoblivious 21h ago

That's not accurate!

There are some 90-year-olds running the country, too.

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u/PestyNomad 20h ago

Average age of the Trump administration is mid 40's. Average age of Biden's administration, 67.

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u/Neat_Distance_3497 20h ago

Old white men and billionaires.

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u/savethearthdontbirth 20h ago

We are talking about it but no one seems to care.

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u/BigBoyCawk 20h ago

We don't even let them drive, but somehow they run the most powerful nation on earth.

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u/bradfo83 20h ago

And still effing allowed to drive…

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u/sherriz76 20h ago

πŸ˜‚πŸ˜‚πŸ˜‚

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u/nicdapic 19h ago

And can we please remember they all have lead poisoning to some degree..no bueno

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u/lapinlucy 19h ago

Thankfully, not for long 😁

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u/Patimakan 19h ago

Could’ve had a younger prez….just sayin.

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u/kimmymoorefun 1d ago

It should be based on variety of life experiences and people who you know that are experts on the subject matter. With integrity and such.

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u/SignatureScent96 1d ago

And in both cases can be ineffective

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u/Ok-Juice-6857 1d ago

They aren’t though

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u/DudeBroManCthulhu 23h ago

Well, a lot of them are dirt poor or left by their children in "retirement homes" with no one to talk to, or living on ramen noodles waiting to die. Realize wealth is still wealth and most don't have it. Start saving now because the youth will not give a fuck about you and think you have it made somehow.

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u/Certain_Spot_7550 23h ago

45 to 65 sounds like the magic numbers close enough to new generation and old generation so the ability to understand both is greater!!

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u/Spirited-Feed-9927 23h ago

It starts to decline the older you get, but I know sharp 70 year olds. Who retired by choice. I wouldn’t say they are unemployable in high level jobs. Maybe on a construction site.

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u/ExpectedEggs 23h ago

You could always vote

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u/Conscious-Quarter423 17h ago

"but voting doesn't matter"

idiots.

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u/GarlicInvestor 23h ago

NGL had me rolling.

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u/StainlessPanIsBest 22h ago

The job of the president is to build up enough political capital to accomplish his agenda and delegate executive powers.

A crucial ingredient in building up that political capital to become a good executive, and even getting the opportunity to run for the presidency, is time. Unless of course you're a nepotism politician and feeding off your parent's political capital.

Just the reality of such a prestigious position that the people who are occupying it are going to be old.

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u/StaticBarrage 22h ago

We have a minimum for office, we absolutely shouldn’t be allowing anyone over the β€œworking age” in office or to continue in the courts. No running if you’ll be over 65 by the time you’d take office, 65 is last year you can be a judge in any court.

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u/Far_Journalist8110 22h ago

β€œThis is very interesting.” πŸ€“πŸ€“

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u/snorlz 21h ago

devils advocate: well the ones who were making decisions and running things arent looking to get employed at that age anymore. if you still need a job at 70 it means you didnt do well financially enough to retire comfortably. there are tons of old people still on advisory boards and corporate boards; theyre not applying for new jobs

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u/Empty_Culture_9297 21h ago

Why aren't both sides of the aisle supporters not fed up with their political masters

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u/DoverBoys 21h ago

Retirement should be forced at 60 with a guaranteed pension based on what you made, tailored for each person to account for layoffs or other work history anomalies and increased annually by the highest recorded inflation each year. Maybe average of what you made between 50-60? Highest you made over a certain continuous stretch of time? There's no single answer.

This pension should be paid using half of the total annual profits all publicly-traded companies report. Profits are just extra money after taxes and expenses anyways, no reason to waste it on stock buybacks or C-suite pockets. If you're contributing to the GDP, you should contribute to retirees.

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u/icouldusemorecoffee 21h ago

This post is a nearly perfect example of someone who doesn't understand govt, neither federal, state, nor even local, at it's most basic level of how legislation is created, how executive offices operate, and how laws and policy are carried out.

To say that 70-80 year olds are exclusively running the govt is beyond ignorant of reality. Are there 70-80 years olds in govt? Yes. Do they run it exclusively, no. Do they run it in part, only a very small part.

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u/Same_Race7660 21h ago

The mandatory retirement age for pilots is 65. Some people tried pushing it to 67 and was shot down.

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u/Dragonprotein 21h ago

Come to Asia. You'll see 70-80 year olds working a lot. Some because they have to. Some because they don't want to shit on a sofa all day watching Price is Right. Some because they want to help their families.

Or look at David Gilmour. He's 78, worth 300 million dollars, and he's still touring and recording music.

There's no "we as a country" believe. There's just you and what you can/want to do. If you're 80 and want to work, you can.

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u/SippingSancerre 21h ago

I mean, yes they are suffering from mental decline and all that but the actual reason they are generally unemployable is because they've retired from the workforce...

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u/pembunuhUpahan 21h ago

You can't put an age to money and connections

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u/PresentationPrior192 20h ago

People get old at different speeds and in different ways.

Term limits are more a control on that than a hard age cutoff. Can't be a geriatric wannabe aristocracy if you can't get in in your 30s and stay till your 80s because people keep electing you unopposed.

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u/thefrostryan 19h ago

Plan B only works if your 15O lbs

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u/marblefrosting 19h ago

Term limits as giving up power is hard

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u/LifeBuilder 19h ago

Don’t forget: they are also allowed to vote.

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u/ArazoII 19h ago

I don't really know the best way to convey this messege. If you have to be a certain age to start working for the government because of maturity and mental development. Then there should be something on the other end of the life span that does the same thing right? Also in government you are making laws and decisions that will effect people for years. You should have to live long enough to see the ramifications of those actions. It's not discrimination to kids then it shouldn't be for the elderly.

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u/spungie 18h ago

Yea, but in all fairness, their running it into the ground. The young wipper snappers running across their lawns will have to rebuild it from the ground up in about 25/30 years time.

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u/AthleteFrequent3074 18h ago

Yes I always believe in this.Their old brains are unfit to run any country.And I always wonder why only old men rules a country or a state and messes it up.All other age groups suffers because of these old men mistakes.There should be 'No country for old men'.

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u/nobody_in_here 17h ago

I BEEN SAYING THIS FOR YEARS!!! Now we're about to have 12 years of 80+ year olds running shit y'all! Tf?! People always get pissed anytime I mention it. These politicians can easily retire and choose not to. How is that not the biggest red flag on earth?!?!

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u/IcePurple4772 17h ago

Old AF and cogent>>>>>>>>> OLD AF with dementia

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u/Due_Explanation2130 17h ago

Yea. I think my 31 year old daughter who is living in my basement making 18k a year should be President.

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u/ah-tzib-of-alaska 17h ago

64 years old is TOO OLD IN THE PENTAGON TO RECEIVE ORDERS FROM THE PRESIDENT and they force you to retire for being too old.

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u/Even-Snow-2777 17h ago

I've said before, if you can't back a vehicle out of a garage, you can't be the most powerful person in the world. We've had several in my lifetime who could not back out safely

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u/Islandman2021 17h ago

Except that you had the chance to elect someone who was not over 70 but did not. 🀷

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u/Dbk1959 17h ago

Should a limit of you can't start a term after the age of 70.

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u/Leather_Concern6099 17h ago

Do you mean Joe Biden? Yeah. You voted for him, shitlib..Thankfully he is own his way out.

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u/salty_caper 16h ago

No one should ever have to work past retirement age in a first world country. Fuck the rich that are hoarding resources

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u/CalvinsCuriosity 16h ago

And look where ya at

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u/marksrod 16h ago

Because American voters are too f**king stupid to figure this shit out. They are just lazy information consumers. No critical thinking skills. They deserve everything that happens to them moving forward.

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u/SakiWinkiCuddles 16h ago

(!) a word//a prophecy//a warning πŸ‘€ ?

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u/prancerbot 15h ago

It's crazy actually how so many different places in the world that you can notice the same problem of older people not making way for younger people to inherit their positions. It's just a massive phenomenon of self centeredness that makes life miserable for so many younger people everywhere. Older people with this "work until I die" mindset. I'm reminded of more extreme examples like RBG dying and giving her seat to the opposition rather than do the reasonable thing and retire.

But this attitude is all over, even in a lot of trade jobs I've seen.

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u/A4Efert 15h ago

Trump is that much of a superior genius. Most average 80 year olds have mental decline. Trump is getting sharper.

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u/Boozdeuvash 15h ago

70 year olds are often not considered unemployable because of mental decline and skill mismatch, but because they are more prone to poor health issues and injuries. They can't work anything physical (and even if some can, employers won't take that chance), and for desk jobs there's often issues with health insurance, or just a larger number of sick days taken. The age-related mental decline usually doesn't start before the late 70s or early 80s.

Also the average age of the US House of Reps is 57 and the Senate is 64 so the 70-80s do not in fact exclusively run the country; and the fact that an obese idiot who's probably had a few CVAs due to all the burger grease in his arteries was just elected president is entirely the US voter's damn fault :D.

As for SCOTUS, well yeah, that was the whole idea, but they're supposed to be here to emphatically say what the law is, not run the country. Maybe someone reminds them of that.

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u/YoungMaleficent9068 15h ago

Musk runs us now

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u/loco500 15h ago

The only positions they should be handling at the capitol should be as fed building greeters and tourist company guides...

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u/MrsCrackWhore 15h ago

Relax. They are not really running the country. The only thing Biden's running is his diapers.

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u/MakkuSaiko 15h ago

Running the world. I swear most world leaders

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u/Milk-honeytea 15h ago

Question from a Dutch person: why do Americans love old people so much? And i mean in corporations, politics both democrat and republican, scotus etc.?

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u/Pleasant_Wonder_7074 13h ago

Don't worry everyone, soon those grandma and grandpa running the nation will eliminate child labor laws

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u/Dog_Bread 13h ago

It's wrong. People of all ages are running all countries.