Oldigarchy and Gerontonomia are the latest words you can add to the dictionary.
If an oligarchy is government by the few, what are we to make of “oldigarchy” and how did boomers get the blame….again?
Some boomers would have younger generations believe that they don’t appreciate how good they have it, but when you’re unable to afford a house, that argument falls flatter than a deflated balloon. The facts do not lie. Around 15 percent of millennials have given up on the idea of home ownership by age 30, and the data is clear that younger Americans cannot buy homes at anywhere near the rate that Boomers did.
We can lie to ourselves but the truth is the system was rigged for us back when you could get a 30-year fixed rate mortgage and tax deductions for the interest and property taxes. Younger generations are not getting a similar boost. On top of that, local planning and zoning has made if more difficult to build new housing. Today, a typical home cost five times the median annual income, which up 3.5 times over a median annual income in 1984.
It’s clear that there are preferences for the elderly over the young when you look at public budgets anywhere in this country. Across all government programs—federal, state, and local—$2 are now spent on seniors for every $1 spent on children. That brings us to our second new vocabulary word– gerontonomia. Not just in this country, but around the world, a stagnating political economy prioritizes its oldest citizens. We are more tolerant of higher unemployment because we’re retired. What do we care? Higher public debt? Not our problem. We’ll be gone and our descendants will have to deal with it.
Why should baby boomers (gerontocrats) care about these new words and the impact we’re having on our society? If we supported a New Deal-like program to help today’s workers (remember, their taxes go into the social security system we’re counting on), it would go a long way toward a much better legacy than what we have now. Think about it. Boomers might burnish their reputation just a tad.
Jay Harrison is a writer and creative consultant for DesignConcept. His most recent mystery novel, Rio Puerco Demise is available on Amazon. His first mystery novel, Head Above Water, is also available on Amazon. But that’s not all. You can also purchase the Best of BoomSpeak on Amazon.




I had my annual Medicare “wellness” visit, and I found the whole business rather depressing. I know it’s a good thing, but it feels like the documentation of my decline.
Tools. We’ve all got tools, from can openers and pencil sharpeners to tooth brushes and telephones. Not to mention a shoe box crammed with nails, screws and glue for do-it-yourself repairs. My dad took that a step further restoring factory equipment in our family garage with a menage of drill press, grinder, wire cutters, nuts, washers and bolts. I barely managed to park my bike in a spare spot off to the side.
For those about to or contemplating retirement, there’s no shortage of advice, so I won’t be the first one to warn you that the end of a lifelong routine can take some getting used to – or worse.
I’m wondering if through the years, some of these sayings have changed because our world has. For example, “You better eat everything on your plate. There are starving children in Korea.” Do parents now say the same things to their kids except change Korea to Africa? I suspect these quirky expressions become part of our boomer DNA and then one day, these valuable words just automatically leave our lips to be passed on to some unsuspecting child. I have made a short list of some from my memory bank. I am sure you will recognize many of them.
Hey, it’s my stuff and you can’t just take it!