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Adults over 65 will outnumber children by 2029

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Re: Adults over 65 will outnumber children by 2029

#3
>As the ratio of working-age adults (18–64) to older adults falls from about 3.4 today toward roughly 2.4 by 2060, the arithmetic that supports those programs tightens, all else equal. On this reading, the chart is an argument for some combination of higher productivity, longer working lives, higher fertility, or higher immigration to widen the working-age base.

Or spend less.

Re: Adults over 65 will outnumber children by 2029

#6
post #4

GOOD. We’ve done well to keep everyone alive. All that’s left is to implement sensible economic policies that allow normal folk to start families

But the people disinterested in starting families (boomers, genx) are going to be the majority of the voting base?

We've already seen 20 years of policy driven by people who don't care about families being started.

Re: Adults over 65 will outnumber children by 2029

#8
post #6
post #4

GOOD. We’ve done well to keep everyone alive. All that’s left is to implement sensible economic policies that allow normal folk to start families

But the people disinterested in starting families (boomers, genx) are going to be the majority of the voting base? We've already seen 20 years of policy driven by people who don't care about families being started.

A great point, but I don’t think those policies should go after the (relatively tiny) wealth that boomers et al currently hold. As another commenter alluded to, the money is going to have to come from much bigger fish; there’s literally nowhere else to get it from!

Re: Adults over 65 will outnumber children by 2029

#9
post #8
post #6

Earlier quoted context omitted.

But the people disinterested in starting families (boomers, genx) are going to be the majority of the voting base? We've already seen 20 years of policy driven by people who don't care about families being started.

A great point, but I don’t think those policies should go after the (relatively tiny) wealth that boomers et al currently hold. As another commenter alluded to, the money is going to have to come from much bigger fish; there’s literally nowhere else to get it from!

Parents and Grandparents might not be interested in starting families, but they're interested in their (grand)children starting families. Ideally, that's where their wealth would go, except that it's being completely obliterated by retirement and end-of-life care.
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