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It may very well break the welfare state. Most rich countries pension systems depend on sufficient workers to pay for pensioners. How many rich countries are
by sien 8y ago
It may very well break the welfare state.
Most rich countries pension systems depend on sufficient workers to pay for pensioners.
How many rich countries are running a surplus this year in a non-recession year.
In 20 or 30 years with far fewer income earners per pensioner how will it look.
- jnurmine 8y agoExactly. Pension systems where generation i+1 pays for generation i are fundamentally broken. If the population size sinks, generation i+1 will pay more. If paying more and thus having less disposable income makes them defer having babies, you have your bad feedback loop right there. A better and stable system is where generation i pays for generation i.