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Is it widely agreed that (barring massive productivity improvements or changes to the birth rate) the current retirement age and quality of life is not sustaina
by ChadNauseam 3y ago
Is it widely agreed that (barring massive productivity improvements or changes to the birth rate) the current retirement age and quality of life is not sustainable without a massive burden on young people?
- andyferris 3y agoI suspect it is sustainable if birth rates and age demographics were level (in steady state). That said, societies with aging populations might have trouble keeping up economically. (There's also a lot of factors around immigration/emigration here). In the west, the biggest policy burden on young people seems (to me) to be whatever is causing ever-spiralling housing costs (which also effects retirees who aren't home owners, too).
- drewcoo 3y ago1. That is not a question. 2. Yes, there is a burden. But why should it be borne by young people instead of the wealthy? (That's a question.) Their wealth increased greatly on the backs of the workers who'd like to retire. (A statement.)