3 ms·
I'm not sure that sabbaticals solves the problem, though. The problem, I think, being that people are retiring at the same age but living longer and expecting
by unbalancedevh 3y ago
I'm not sure that sabbaticals solves the problem, though. The problem, I think, being that people are retiring at the same age but living longer and expecting better, more expensive, health care. Somehow that needs to be paid for. If there's an economic equivalence between the sabbatical I take now versus the extra time I work later (5% interest is assumed in the article), then there's no overall increase in value, is there?
I think the benefits of growth are still too biased towards people who already have money. The poor might not be getting poorer, but they're wealth isn't growing at nearly the rate of the rich. Somehow that needs to be evened out so that even the working class see more improvement in their lifestyle in a more natural way.
- jimbokun 3y agoI just think this proposal solves a different problem than the one you’re talking about. Presumably it would be designed to be overall revenue neutral, depending on how well future growth can be predicted of course. Whether it’s 3 month’s sabbatical to 1 year retirement, or 2 months to 1 year, or 4 months to 1 year, etc.