I don’t live in the US so mostly I’m thinking of who’s gonna pay for my retirement and healthcare when I’m old.
I’m paying for the current old people’s retirement and healthcare. That’s fine, it’s the social contract we have in our nation: everyone gets taken care of and those who can work, pay a lot of tax to make it happen. If the population decline gets bad enough, there will be no one to do the same for my generation.
Oh and they populist conservatives did a pension reform so you can take out whatever you’ve gathered in your second pillar even at age 20 if you want (at which point it’ll probably be in the hundreds of euros lol) and can’t resume payments (which were matched by the government - you pay 2, 4 or 6 percent and government pays 4% of your gross income) for 10 years. Worst deal ever for most people taking it out if they want to retire at one point. And a third of the population took it out. They now have to fully depend on the first pillar (government) pension, which isn’t based on past investments at all, it’s taken from the working population’s social taxes when you retire. So far more directly affected by the population decline. I’m betting they’ll eventually forcibly fuck it up for the rest of us to pay for the retirements of those who took it out.
The “resources” we rely on require (working) humans, less working humans means less resources. The population we have today won’t disappear all at once but when they age out of the workforce, a smaller population will not be able to support them
In other words, if we are below replacement level, we will eventually have a situation where the old outnumber the young, which means that the young have to work harder to support the old
But think of billionaires’ bottom lines!
I don’t live in the US so mostly I’m thinking of who’s gonna pay for my retirement and healthcare when I’m old.
I’m paying for the current old people’s retirement and healthcare. That’s fine, it’s the social contract we have in our nation: everyone gets taken care of and those who can work, pay a lot of tax to make it happen. If the population decline gets bad enough, there will be no one to do the same for my generation.
Oh and they populist conservatives did a pension reform so you can take out whatever you’ve gathered in your second pillar even at age 20 if you want (at which point it’ll probably be in the hundreds of euros lol) and can’t resume payments (which were matched by the government - you pay 2, 4 or 6 percent and government pays 4% of your gross income) for 10 years. Worst deal ever for most people taking it out if they want to retire at one point. And a third of the population took it out. They now have to fully depend on the first pillar (government) pension, which isn’t based on past investments at all, it’s taken from the working population’s social taxes when you retire. So far more directly affected by the population decline. I’m betting they’ll eventually forcibly fuck it up for the rest of us to pay for the retirements of those who took it out.
You understand that money is a fiction, right? It’s not even numbers on a piece of paper anymore, it’s ones and zeroes.
Fewer people means more resources per person and less damage to the earth.
The “resources” we rely on require (working) humans, less working humans means less resources. The population we have today won’t disappear all at once but when they age out of the workforce, a smaller population will not be able to support them
In other words, if we are below replacement level, we will eventually have a situation where the old outnumber the young, which means that the young have to work harder to support the old
Not if the robots take all the jobs
Most countries have billionaires pulling strings at the top.