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>> The scheme of there being a retirement age when you get older relies on there being a lot more young than old people No it doesn't. Young people need to be
by rufus_foreman 3y ago
>> The scheme of there being a retirement age when you get older relies on there being a lot more young than old people
No it doesn't. Young people need to be taken care of also. If there are fewer young people needing infant care, daycare, then education, that frees up resources that can take care of old people instead of taking care of young people.
Today young people who go to college aren't productive for almost a quarter century. Average length of retirement is 18 years.