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by ytx
865 days ago
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Unfortunately the assumption of real growth is very baked into things like social security, medicare, etc. There's no way to de-grow without an increased burden for those working to take care of a larger non-working aging cohort. A deeper problem is that the benefits / "slack room" provided by real growth are constantly eradicated because people's wants (and needs) keep growing along commensurately. Some changing expectations are fairly uncontroversial, e.g. better medical technology and doctor training costs more. Others are arguably less good, e.g. private jets (or taken to the extreme, passenger planes in general!) |
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