Why wouldn't we enter a death spiral where an ever greater proportion of old voters use their political power to extract ever more resources from young people, who respond in turn by having fewer children so they can afford their tax burden to the old?
Why wouldn't we enter a death spiral where an ever greater proportion of old voters use their political power to extract ever more resources from young people, who respond in turn by having fewer children so they can afford their tax burden to the old?
You have a habit of denying human nature and empirical facts when they conflict with your ideology. We describe the world as it is, not how we wish it was.
The median voter is 55 years old and getting older. So they are either receiving benefits or are within sight of receiving benefits. Basic self interest explains gerontocracy.
And even young people have parents. While I support cutting SS in the abstract, it would depend a great deal on how the savings got used. If I have to support my mother and get nothing in return IтАЩm actually worse off.
Wake me up when any major democracy does fundamental retirement reform. If we canтАЩt do it now doubt we can do it later when there are even more old people.
In short, I think itтАЩs a lot easier to convince people to give parents tax breaks and hopefully raise fertility rate than it will be to cut off grandma.
Why wouldn't we enter a death spiral where an ever greater proportion of old voters use their political power to extract ever more resources from young people, who respond in turn by having fewer children so they can afford their tax burden to the old?
The problem isn't that old people support heavy spending on the elderly. The problem is that almost everyone supports heavy spending on the elderly.
See my *Myth of the Rational Voter*.
You have a habit of denying human nature and empirical facts when they conflict with your ideology. We describe the world as it is, not how we wish it was.
The median voter is 55 years old and getting older. So they are either receiving benefits or are within sight of receiving benefits. Basic self interest explains gerontocracy.
And even young people have parents. While I support cutting SS in the abstract, it would depend a great deal on how the savings got used. If I have to support my mother and get nothing in return IтАЩm actually worse off.
Wake me up when any major democracy does fundamental retirement reform. If we canтАЩt do it now doubt we can do it later when there are even more old people.
In short, I think itтАЩs a lot easier to convince people to give parents tax breaks and hopefully raise fertility rate than it will be to cut off grandma.