Boomers Who Don't Let Go - Have You Ever Visited One of Those Happy Valleys in Arizona?
It's in an op-ed in The
Wall Street Journal that political analyst Karl Rove warns America
that, as JFK had declared, the torch has to be passed to a new
generation.
Of course that means this: We boomers (who heard JFK's ringing rhetoric
about generational shift when we were in school) should fade from chasing
after and holding onto those big leadership positions in government.
But that's just one kind of power we should be surrendering to younger
generations. Or so those younger generations are telling us.
Meanwhile, though, the boomers with the power are not letting go.
Those stepping aside more often than not are being pushed aside by
employers. That's in the service of cost-control. Older workers make too much.
Their jobs can be performed by someone who would be happy to do all that for
one-third the compensation. The career ends. They don’t know a way back. Typically
they die relatively young.
In contrast there are the rest of us boomers who make it our mission to stay in the game. At least some kind of paid game. It doesn't have to be the one we spent the previous 40 years in.
We all know about Bob Iger who got himself back as CEO at Disney.
It's supposed to be only for two years but I have a hunch Iger will figure out
how to extend that.
Despite all the disappointments at Goldman Sachs and other financial empires
those old white men aren't going anywhere.
Leon Black might have lost several official titles as a result of his
business association with Jeffrey Epstein. He, however, is still making his
presence felt through, like Greek god Zeus, throwing around thunderbolts of
legalities. That guy saw to it that he was not going gently into the night.
Legal games are fun and get media attention.
I am the oldest of the boomers. In 2014 I saw what retirement looked like, talked like, and walked like when I visited college acquaintance Kathleen Huebner in one of those communities in Arizona. The horror. Those I met gushed gleefully and compulsively about the careers they had given up.
In July I
launched my newest enterprise. As with previous startups, I’m obsessed.
We can't let go because there is nowhere to go, at least not anywhere where
we can continue to have an identity.
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