As for Gerkin’s criticism that baby boomers failed to hand the reins of American society over to successive generations like “the greatest generation” did? ....Bullshit. Baby boomers never received those reins, because “the greatest generation” held onto the reins until they died.
The Baby Boomers themselves are holding on to the reins until they die too, which is one of Gergen's points, just like he said.