I think the point that they are trying to make is that the baby boomer generation, on account of sheer numbers, has the most power to distort policy in order to benefit themselves.
They ate the cake and now their "hobby" is licking the plate.
This is a general truism, not solely related to the pathology job market.
I come from a mediocre program so it may not hold true for better places, but half of these people need to retire. Somehow they accumulated the years but not the wisdom.