3 ms·
Not sure what health care costs represent in a budget of elderlies, surely a lot. But not even a quarter of all this dept is to cover health care provided to re
by hirako2000 3y ago
Not sure what health care costs represent in a budget of elderlies, surely a lot. But not even a quarter of all this dept is to cover health care provided to retired contributors. Just look at the ratio the entire health sector represents.
Yes the system hasn't been balanced, but all that "money"- went into so many other things old generations have accumulated. Stock (at a decently valued purchased price, not the hyper bubbled dollar per share the stock markets trend at these days). Real Estate, and real estate and real estate.
A few % of the elderly sit on wealth worthy hundreds of millions, billions of dollars worth of property. Taking rents while workers indirectly pay that rent in everything they consume, not just to live somewhere.
Not paying the debt while still catering to eldery's health is an option. It would just deprive some of them from wealth they wouldn't even have time to spend in 100 life times in medical bills plus everything else.
The debt problem will likely be solved along with the property valuation non sense. Health care is, almost, a non issue in comparison.