3 ms·
> Due to the number of working people shrinking relative to the number of retirees, there's a fundamental conflict of interest between the older generation, and
by rickydroll 2y ago
> Due to the number of working people shrinking relative to the number of retirees, there's a fundamental conflict of interest between the older generation, and the young generation facing greater and greater financial burden to support them.
The older generation's burden on the younger generation has always existed. It was paid by labor, usually uncompensated by women of earlier generations. Now, the burden is paid by money from tax revenue and/or personal savings.
We need to expand the financial base for many social services, including elder care. It is long past time that we tax wealth, as the wealthy extract their money from our pockets through various rent-seeking schemes.