So, don’t expect too much to change in DC. Obama may be a Gen X, and many Boomers are retiring from working life, but don’t start thinking that they don’t control much of American culture. They do.
Let’s take a quick look at the numbers.
Political leadership is still mostly held by Boomers. The 111th congress was (source):
63.77 percent Boomer
19.66 percent Silent
15.91 percent Gen X
.85 percent GI
Don't have numbers on the 112th congress but no significant demographic change occurred.
I spent the afternoon today going through company profile pages for the SP400, just for fun.
Of the 381 companies currently in the index (AMEX: ^MID), the CEOs (or the person mostly likely to be in change) break down as:
297 Boomers
65 Gen X
18 Silent
1 crusty old GI (the Tootsie Roll Company).
So, of our American midcap companies, 78 percent are run by Boomers, and most were in their 50s.
Assumptions:
Strauss and Howe dates for generations.
No concern for cuspers and there were plenty that could be cuspers.
Some companies didn’t have CEOs so I used the person most likely to be in charge; also, some cos have chairmen who seem to hang on but I used the CEO.
I used Yahoo Finance & assumed info was correct and up to date.
