Earlier quoted context omitted.
Sensible immigration policies
Also, one of the highest taxes.
So what?
Their model obviously works well.
Denmark to raise retirement age to 70
351–360 of 1001 posts
Re: Denmark to raise retirement age to 70
#352While the increase is not too bad, they should invest in having babies instead of making the old people work.
Re: Denmark to raise retirement age to 70
#353Earlier quoted context omitted.
That’s collecting more taxes, 2, isn’t it?
technically true but people usually associate that with rate increases
I’m not sure that’s always true.
The centre right often argue for less taxation ‘to grow businesses’. The argument being that the economy grows and that’s how the money is recouped. At least that’s what’s happened here in New Zealand.
Looking past ones next pay day does seem universally difficult.
Re: Denmark to raise retirement age to 70
#354Earlier quoted context omitted.
US has highest immigration #s of any country. Canada is close in some respects.
Can you elaborate on your comment? What makes Canada's immigration policy sensible in your mind?
I find that comment confusing because dissatisfaction with our immigration policy was a huge part of our recent election. It almost brought down the Liberal government.
Re: Denmark to raise retirement age to 70
#355Denmark, 6 million wealthy people, 4% economic growth, 1.5% inflation, 2.9% unemployment, national debt of 25% of GDP and budget in surplus. How did it all go so right?
> How did it all go so right?
The highest total tax rate in the world perhaps?
Re: Denmark to raise retirement age to 70
#356Earlier quoted context omitted.
Yes, that's what strikes me as well. Where is the productivity gains going? Why are we still working 40 hour weeks, and possibly even for many more years? If I remember correctly, Denmark even removed a holiday recently. So work more days a year as well. That's the problem here. That a few people reap all the benefits of this, while the rest of us toil.
> Where is the productivity gains going? Reinvested to increase future productivity
lmao
Re: Denmark to raise retirement age to 70
#357Re: Denmark to raise retirement age to 70
#358It's utterly insane that people need to work more and longer as technology increases productivity. A truly dystopian economic system. In 1930 Keynes projected that by 2000 their grandchildren could work 15 hours per week¹. Now the projection is that we will work more and longer in the future. And what is this labor supposed to even do? How much of even current work really increases wellbeing? Graeber's thesis of bull…
> It's utterly insane that people need to work more and longer as technology increases productivity.
Productivity gains are kept by the owners of the institutions as profits that made that productivity possible. Do you think YOU will work less once LLM tech is deployed at scale? Of course not, your company will pay you the same and expect the same work. Every company out there will do the same. They will reap the productivity gains.
Re: Denmark to raise retirement age to 70
#359Earlier quoted context omitted.
People are living longer. Demographically there are fewer younger people to support them. Something has to give.
On the other hand, productivity has improved tremendously. It's not clear that we actually need everyone working.
Productivity improvements have been partially eaten up by cost of living increases. We don't need everyone working, but how do we decide who has to work and who gets stuff for free? Should workers pay higher taxes to support more retirees?
Re: Denmark to raise retirement age to 70
#360Earlier quoted context omitted.
Around 140k emigrated to USA in 1900-1930 ( https://danishvoices.ku.dk/danish-in-north-america/ ) Denmark’s population was 2.4m-3.5m in that period ( https://en.m.wikipedia.org/wiki/Demographics_of_Denmark )
my sources : "a History of the Lutheran Church in America", and a personal history written at that time. If your records are accurate and unbiased, I would accept that answer completely and admit it.. but I am not convinced both of those are true. It is interesting and more clarity is welcome. Also your estimate of the population varies by 40% so the accuracy is in question.
ku.dk is Copenhagen University, which I would regard as accurate and unbiased.
Wikipedia cites Danmarks Statistik for the population numbers, the official government statistics.
The 2.4m is in 1900, 3.5m in 1930.