you don't like old folks?

Contemporary societal culture is biased against old folks—little respect, not valued for their wisdom and experience—but the problem with more older people is higher costs for retirement, healthcare, and a smaller pool of tax payers.

Your mistake is thinking that with age automatically comes wisdom. Most old people have no more wisdom to offer than they did when they were young.

Maybe. Or maybe you’re proving my point.

Where I live I feel old folks make the rules, and make 'm well for their home-owning, investment portfolio having, pension fund living, selves.

Look in the US? Pressie is near senile, senate is full grey. Not all countries are this bad, but where I live it's similar.

But culturally oldies need more respect?

Both of these things are true.

Your first paragraph is most relevant. The thing about the pressie and senators is only relevant to the miniscule minority of the most powerful people.

i'm sure the oldies will figure something out and it can be assumed that societal culture will shift in their favor if demographics change towards them.

nope, a recent example is the covid19 pandemic response

not particularly, no. while the "boomers ruined the economy" trope isn't all right, neither is it all wrong. they effectively mortgaged much of the future value of the country and extracted it.

now "old folks" in question are demanding a lavish retirement at the expense of me and those who are currently young despite the fact that when they funded something similar for their grandparents, the proportional burden was radically lower. a society that would significantly burden the future of its young (and therefore its own future) to cash out the olds smacks of a ponzi scheme and is hideously distorted.

what's more, elder care sucks dollars from investing in interesting industries (colonizing space, growing our industrial base, new computing technologies) to mindless nonsense. instead, those dollars will go to building bingo halls.