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The giant basket case countries

(www.noahpinion.blog)
30 points paulpauper | 1 comments | | HN request time: 0.265s | source
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pstuart ◴[] No.45783804[source]
Needing immigration to make up for plummeting birth rates in the US will be a challenge in the current political climate.

Having kids is expensive and for many people of reproductive age there's the additional concern of bringing a child into a world in crisis. I believe that all these problems are technically solvable but are not politically palatable.

The simplest thing that we could do would be to subsidize childcare so that the biggest economic hurdle would be addressed. But again, that would be dismissed as socialism and would be a non-starter today.

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mixmastamyk ◴[] No.45784518[source]
We don't need more people, "plummeting" birth rates are not a problem when there are already >8 billion of us.

The problem is having decedents pay for our retirement. Instead, end that system and start saving for your own retirement.

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pixl97 ◴[] No.45784690[source]
> Instead, end that system and start saving for your own retirement.

I mean we created the current system because people don't. And when they don't you end up with huge amounts of elderly eating cat food and otherwise starving in the streets. Oh, and old people vote, so good luck just getting rid of that.

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mixmastamyk ◴[] No.45784854[source]
It's very easy to mandate a portion of each paycheck goes into retirement accounts, just like existing systems. There can be allowances, boosts etc for edge cases, that come out of the current yearly budget of the government.
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pixl97 ◴[] No.45786562[source]
The problem comes in switching from one system to the other.
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1. mixmastamyk ◴[] No.45787477[source]
Yes, it will be costly. But so will the coming insolvency of the older systems that took a great shortcut.