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Just chiming in to say that money isn't the only problem. You also need to restructure your healthcare system, for example, to account for more geriatrics and l
by xenocratus 5y ago
Just chiming in to say that money isn't the only problem. You also need to restructure your healthcare system, for example, to account for more geriatrics and less pediatrics. We'd also need more carers, but presumably some proportion of teachers and babysitters could swap to that. But if you think about it, childcare is now a part-time job for many parents working other full-time jobs in engineering, law, accounting etc. Would they be caring for their elderly parents instead, to the same degree, or would we need a lot more professional carers for it?
Anyway, my point is that it's more complex than just comparing cash for this vs cash for that, we'll have to coordinate broad policies for a change like this. I think this is already happening in the West, but rather slowly.