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Idk that I agree with these points really at all. If you are only making the COL, most people are simply not going to sustain the college lifestyle indefinitel
by JakeTheAndroid 6y ago
Idk that I agree with these points really at all.
If you are only making the COL, most people are simply not going to sustain the college lifestyle indefinitely. People have wants and needs and drives outside of financial hardship. Yes, it might mean kids 18-23 are relaxing a bit more on getting into the workforce, but thats ideally the age in which they are learning and getting prepared to get a real job. Ideally we want to remove those barriers of entry for them, and allow them room to develop.
If financial hardship was a main factor of drive and high impact, productive work, we'd only see people under the poverty line entering into the high impact fields. That isn't the current reality.
Also, people that are willing to group up and live a college lifestyle for 30 years are people who were unlikely to EVER get involved in high impact work. At worst it's a net neutral here.
As for the retirement age, is that really terrible? Since we have established drive isn't inherent to financial hardship, it stands to reason people would continue to work through their prime working years. If people are now able to call it at 55, thats just a better quality of life for everyone, and ensure a constantly revolving job market.
3 is possible. But if we expect insane inflation due to UBI, then it invalidates all the other points you made, as now the UBI isn't meeting COL for a normal QOL.
I don't think we have enough information in either direction to assume the impact to the workforce. When in history has this ever been achieved in a society that also has high social mobility? People have interests and drives and I believe they will always pursue these things. And instead of squandering peoples potential on useless jobs that they enter into only to make ends meet, we can allow them to achieve a much higher potential by contributing to something that better aligns with their skills.