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> Income and wealth after Gen X is trending down for same age groups according to your sources. While I see what you mean, the effect seems minor at best. I wo
by millimeterman 4y ago
> Income and wealth after Gen X is trending down for same age groups according to your sources.
While I see what you mean, the effect seems minor at best. I wouldn't feel comfortable coming to that conclusion without more future data and comparative numbers for Gen Z.
> Another thing to keep in mind is with decreasing birth rates, future generations will have a higher tax burden to support the aging costs of the previous generations.
This does sound reasonable, though I don't necessarily know of any actual research supporting this conclusion.
- ehnto 4y agoIt's just the math of the situation, the cost of pensions will be spread amongst fewer taxpayers if the birth rate declines. Some countries are solving this right now with immigration to inflate the tax base.