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> For the poor, it will have no real impact. It will likely bring back the problem of old age destitution as rule, not exception. It's a previously common scou
by Qem 1y ago
> For the poor, it will have no real impact.
It will likely bring back the problem of old age destitution as rule, not exception. It's a previously common scourge that never went completely away[1][2], but went into the sidelines by early-mid XX century, and is set to coming back with a vengeance, by the time current people in their 20s-30s reach old age. It hits the poor hard.
[1] https://www.marketwatch.com/story/successful-educated-but-now-destitutewhy-the-problem-of-senior-poverty-in-america-should-scare-you-11625249065 https://www.marketwatch.com/story/successful-educated-but-no...
[2] https://citizenmatters.in/mumbai-abandoned-destitute-elderly/ https://citizenmatters.in/mumbai-abandoned-destitute-elderly...