3 ms·
Those costs will also be incomes from good high paying healthcare jobs for younger Japanese. A wealth transfer from the old to the young is eusocial. Remember t
by User23 3y ago
Those costs will also be incomes from good high paying healthcare jobs for younger Japanese. A wealth transfer from the old to the young is eusocial. Remember that every expenditure is somebody else’s income!
Japan has its own central bank and the willingness to use it. Japan also has a highly advanced, productive, and diversified economy. They will have no problem paying for it themselves.
Edit: child doesn't understand the implications of Japan having its own Central Bank: "meaning that cuts or new revenue streams to support it will need to be used" is false. It's unsurprising though, because these same economic falsehoods, pervasively proclaimed, are used to present the enshittification of Western Europe and the USA as being somehow financially necessary.
- notaustinpowers 3y agoHealthcare is a highly specialized and restrictive career due to the education requirements. As 90% of the population utilizes their nationalized healthcare, the cost of healthcare on the government will only increase as they age, meaning that cuts or new revenue streams to support it will need to be used. Since many use nationalized healthcare, the wealth of the older generation does not move to the younger generation by paying for these services. There will not be a migration of wealth like you believe.
- fomine3 3y agoHealthcare service is one of the most "inefficient" labor productivity industry, and it's closed in the nation. Not good for the future.