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If I'm not wrong, the issue is with funding government programs. Most government programs are funded by taxes and if the populations is dropping then naturally
by aNoob7000 4y ago
If I'm not wrong, the issue is with funding government programs. Most government programs are funded by taxes and if the populations is dropping then naturally the tax base is shrinking.
- alexb_ 4y agoThe expenses would also start shrinking though.
- aNoob7000 4y agoDepends on the expense. For example with Social Security, part of the problem we have now is that there are less people paying into the program then in the past. I only see two options, increase taxes or push back retirement.
- rs999gti 4y ago> push back retirement Which leads to violence and protests: https://www.nytimes.com/2023/03/16/world/europe/macron-france-pension.html https://www.nytimes.com/2023/03/16/world/europe/macron-franc...
- xeromal 4y agoNot for the elderly population until they die off. More consuming than producing means there's less to give up top.
- s1artibartfast 4y agoIt doesn't help that the expenses are shrinking at the same rate as income if expenses are greater than income. you still need to balance work needed with work done.