2 ms·
A wealth transfer from child to parent / relative is different than a wealth transfer from young person to the collective of old people, apportioned wealth base
by lotsofpulp 2y ago
A wealth transfer from child to parent / relative is different than a wealth transfer from young person to the collective of old people, apportioned wealth based on complicated and changing formulas.
There exists an arbitrage opportunity where one can avoid the costs and compromises of coupling/parenting, and still retain some of the benefits.
> Social security takes a burden off young people as much as it gives to old people.
I don’t see it this way. If I were given the choice, I would not pay the government at all, and I would not expect anything from the government in the future. I already don’t, by way of knowing that my future benefits will be decreased in purchasing power via devaluation of currency and increased retirement age and changes in the benefit formula.
And it wouldn’t change my burden at all, because I didn’t ask to be born, hence I don’t owe anyone in their old age (nor does anyone owe me in my old age).