It's all so bleak. Where is the payoff?
It's all so bleak. Where is the payoff?
When you have a population age histogram that is flattening and eventually an upside down triangle, you need some way of extracting labor from the young and giving it to the old (the chosen ones who can afford it) to maintain the socioeconomic hierarchy.
The young without inheritances won’t ever have it as good, so you’ll need to distract them and otherwise fool them into believing it is their duty to transfer their earned income via earned income taxes to the elderly.
Old people vote. Old people vote in midterms and odd timed elections. Therefore, old people decide the candidates. Any politician would be smart to court them as a voting bloc.
As for the benefits for the wealthy; that's just the same old bullshit in a new protectionist wrapper. Get my friends and family as much benefit as I can while I have the ability sort of thing.