4 ms·
Of course the welfare system is sustainable. Welfare is sustainable. Until you have more people on the roles than are working. Then .. not so much. I would
by bdunbar 15y ago
Of course the welfare system is sustainable.
Welfare is sustainable. Until you have more people on the roles than are working.
Then .. not so much.
I would say that welfare is sustainable at the time it was enacted, and for that time period.
A good example might be US Social Security. At the time, relatively few people lived more than a few years past retirement age. This is sustainable.
Time passes.
People live a lot longer, there are more people drawing on the system. There are more benefits _in_ the system than originally imagined: old people vote and they vote (as a block) for pols who will give them stuff. And then more stuff.
I'm simplifying of course but .. welfare is not sustainable because people want more stuff and initial conditions change.