I don’t think it matters much. My generation will have to come up with a retirement plan on its own and whether the government can cover 0, 10 or 20 percent of the basic cost of living makes almost no difference to me. I expect that I will basically have to cover everything on my own or maybe go to jail for free food.
You’re forgetting the positive declining birth rates bring to retirement - a lifetime of higher wages. In a society with few young workers, those that can work make bank.
Don’t you want to be less fucked?
I don’t think it matters much. My generation will have to come up with a retirement plan on its own and whether the government can cover 0, 10 or 20 percent of the basic cost of living makes almost no difference to me. I expect that I will basically have to cover everything on my own or maybe go to jail for free food.
*slave labor is free, right?
I don’t live in a third world country like the US :) Slavery is not legal where I live, no exceptions.
You’re forgetting the positive declining birth rates bring to retirement - a lifetime of higher wages. In a society with few young workers, those that can work make bank.