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You're forgetting that many of the countries suffering from low fertility rate are democracies. The elderly can vote and they will vote for their interests, lea
by The_Colonel 3y ago
You're forgetting that many of the countries suffering from low fertility rate are democracies. The elderly can vote and they will vote for their interests, leading to governments raising taxes and putting pressure on the productive generations. This in turn could lead to the young people leaving for countries with smaller tax burden, which would further exacerbate the problem.
- maxglute 3y agoJP/SKR health spending are ~10% GDP, slightly above OECD average. I think there's threshold to how much politicians can appease geriatric bloc policy, there's limits to taxation and what can be allocated to welfare net, and that threshold is probably going to leave a lot of elderly mostly on their own. Many elderly in those two countries are already working to not die, and dying alone when not working. The thing about elderly voting blocs is you can appease to them and then ignore them, they're not spry enough to meaningfully protest.