To the three questions from DKG 1962:
(1) Yes we sometimes call these late 50s cohorts (aka the "Madonna cohorts") a high pathology subgroup simply because, well, that's what the data tell us. But keep in mind that late cohorts of a Prophet archetype have often produced our nation's greatest leaders. FDR was a late-wave Prophet. As was Abraham Lincoln. As was Sam Adams. These often become the leaders who have completely broken with the "old regime" mindset without however losing the passion to reform and uplift.
(2) What are the early 60s cohorts doing now. Well, they're having families and kids and settling down. Many are becoming young fogies, deliberately turning away from the edge and the risk they cultivated in their 20s and early 30s. Gen X has the most conspicuous political "family gap" (singles vote Democrat, married vote GOP) of any generation--and this is largely a gap that separates late wave from early wave Xers. Most of their new political stars have been Republican. This year, we have three new Senators born in 1961. One, the rising Democratic star Barack Obama, has been justly highlighted by the media for his plainspoken charisma. Two others, both Republicans, have as yet received little attention--David Vitter, who stunned everyone by winning over 50% of the vote in Louisiana against *two* Democrats, and John Thune, who unseated a Senate majority leader (Tom Daschle) for the first time in fifty years.
(3) I'm not sure I agree about the lack of experiments that are ready to be played on the national level. What's the number one "model" for Social Security personal accounts? It's the federal employee "thrift plan," introduced in the 1980s, along with America's growing experience with SEPs, 401-k's, IRAs, etc that really are a 3T development. And what about health-care reform? Again look at the FEHBP, an 80s-era innovation for federal employees, or the "health savings account," based on the owned-account options for various nonhealth benefits that have recently been offered by many large corporations.
--Neil