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by jackcosgrove
1028 days ago
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The only way to tip the scales is to have a baby boom. When populations were youthful and there were very few elderly, democratic societies did not have pension programs. Was that because people were ignorant, selfish, etc? Or was it because the constituency for pensions was small? Actually my rhetorical question is only half wrong. People, young and old, are selfish. They are however not at all ignorant about who butters their bread. If you want to increase spending on the young, then you need more young to vote for that. If anything the growing ranks of the elderly guarantee a greater share of public spending will go towards them. From a growth perspective, that's a vicious cycle. From a fairness perspective... well it kinda makes sense that larger cohorts should get more spending in a democratic society. I get there's a lot of nuance, but this is the gist afaict. |
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