5 ms·
Productivity improvements have been partially eaten up by cost of living increases. We don't need everyone working, but how do we decide who has to work and who
by nradov 1y ago
Productivity improvements have been partially eaten up by cost of living increases. We don't need everyone working, but how do we decide who has to work and who gets stuff for free? Should workers pay higher taxes to support more retirees?
- Spivak 1y agoYes? Old age, and to an extent disability, are great systems for deciding this because unless you die young everyone becomes both.
- nradov 1y agoSo how much lower should the retirement age be, and how much should taxes increase to enable that? Have you done the math on that?
- slater 1y ago> Should workers pay higher taxes to support more retirees? With what money? The poor folk don't have any by definition, the middle class is being squeezed out of existence, which leaves... who...?
- StopDisinfo910 1y agoCost of living doesn’t wipe out productivity increase. Cost of living is a money transfer. People buy things from other people. The question is therefore where is this money actually going. A casual look at how richness is shared in the USA will give you the answer to that.
- HDThoreaun 1y agoYou explained it yourself. People buy things from other people. The money goes in a circle
- micromacrofoot 1y agohow are will still framing this as an ethical dilemma?! THE RICH should pay higher taxes to support retirees! there are people with hundreds of millions of dollars! we just turn down the dial labeled "how rich you get to be" until this shit gets figured out