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Birthrates in the U.S. hit historic low in 2023, preliminary CDC data show
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<blockquote data-quote="ThatRobGuy" data-source="post: 77658198" data-attributes="member: 123415"><p>There's a couple different issues that are intersecting on this one.</p><p></p><p>And they raise certain questions about the sustainability of certain programs.</p><p></p><p>Some things that don't gel together well:</p><p>"we need to make sure we don't make too many people, too many people is one of the culprits of ecological destruction"</p><p>and</p><p>"we need to have more people, because we need laborers and more people chipping into social welfare programs to take care of the aging population that can no longer work" (so we don't end up in the same precarious situation countries like Japan and China)</p><p></p><p></p><p>The metric the OECD refers to as "the old age dependency ratio" is one that needs to be evaluated and monitored.</p><p></p><p>A) because the environment can't sustain the model of "we just need more people working in order to pay for this other group of people"</p><p></p><p>B) even if the ecological environment could sustain it, the economic environment could not. "Working/Jobs" is contingent upon satisfying a need for a good or service that people want. It's not like we can say "okay, great, we've got 3 million new able bodies, let's go pick a job off the magic job tree so they can start working and paying into social security"</p><p></p><p></p><p>To me, one of the most sensible reforms would be to adjust our social security programs so that they're means based and needs based. People will need reevaluate how they think about that program. It's in the name "social security" meaning it's to help ensure the social security of the elderly and disabled population for whom that could be a challenge.</p><p></p><p>There's no reason why a person in their upper 60's who's sitting on $800k worth of real-estate and a 7-figure bank account (and possibly pensions and stocks) needs to be getting a check from the government for $2500 a month.</p><p></p><p>Typically, the boomer era people you talk to seem to bristle at the idea, and usually respond with "no, I paid into it, that's MY money"...and also responding with the types of condescending things like "well, in my day, by the time I was their age, I was already married with a house and 2 cars" (while conveniently ignoring the fact that they were able to do that in a time where the median home price was only 2-3 times the median income...unlike now where it can be 4-7x depending on what state you live in, and that they benefitted greatly off of the post WW2 economic boom)</p></blockquote><p></p>
[QUOTE="ThatRobGuy, post: 77658198, member: 123415"] There's a couple different issues that are intersecting on this one. And they raise certain questions about the sustainability of certain programs. Some things that don't gel together well: "we need to make sure we don't make too many people, too many people is one of the culprits of ecological destruction" and "we need to have more people, because we need laborers and more people chipping into social welfare programs to take care of the aging population that can no longer work" (so we don't end up in the same precarious situation countries like Japan and China) The metric the OECD refers to as "the old age dependency ratio" is one that needs to be evaluated and monitored. A) because the environment can't sustain the model of "we just need more people working in order to pay for this other group of people" B) even if the ecological environment could sustain it, the economic environment could not. "Working/Jobs" is contingent upon satisfying a need for a good or service that people want. It's not like we can say "okay, great, we've got 3 million new able bodies, let's go pick a job off the magic job tree so they can start working and paying into social security" To me, one of the most sensible reforms would be to adjust our social security programs so that they're means based and needs based. People will need reevaluate how they think about that program. It's in the name "social security" meaning it's to help ensure the social security of the elderly and disabled population for whom that could be a challenge. There's no reason why a person in their upper 60's who's sitting on $800k worth of real-estate and a 7-figure bank account (and possibly pensions and stocks) needs to be getting a check from the government for $2500 a month. Typically, the boomer era people you talk to seem to bristle at the idea, and usually respond with "no, I paid into it, that's MY money"...and also responding with the types of condescending things like "well, in my day, by the time I was their age, I was already married with a house and 2 cars" (while conveniently ignoring the fact that they were able to do that in a time where the median home price was only 2-3 times the median income...unlike now where it can be 4-7x depending on what state you live in, and that they benefitted greatly off of the post WW2 economic boom) [/QUOTE]
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