I've said for
years that society cannot afford to sustain the aged on public money. The
pension was originally designed to last two or so years on average. Not 20 or
30 years. It was originally designed not just to support people in old age, but to
incentivize older people to lay down their tools so they younger people could work.
It has gone far beyond its original intention, and we simply cannot afford it.
Historically
people have funded their own retirement, and they have done it through a means
that anyone can afford: by having children and living with them after a certain
age. This was the age old method. Many families would have several generations
living in the same home, and the elderly would be looked after by the young. We
have now gotten away from this, and forgotten why children were considered
wealth, and society is literally going broke trying to make up the difference.
For those
older women who have no family, through tragedy or unfortunate circumstances,
the Bible says the Church should pool resources to look after them. But for
everybody else it says their family should provide for them into old age.
This worked
for millennia.
But then, as
we humans like to do, we thought we were smarter and thought we could get the
government to care for the aged using publicly money, and we thought that we did not really need to care about
having lots of children. We called it progress. Within a couple of generations
our population’s birth rate is now plummeting, debt is skyrocketing, and forward-thinking
policy makers can see the brick wall our society is heading towards. Liabilities are increasing and the number of people who can effectively pay for them is shrinking.
And don't think immigration can fix it, because lots of data shows that immigrants on average learn less money, and many of them go straight onto welfare anyway.
Ask the state
to care for you too much, and it will take all you have and more to pay for it.
No comments:
Post a Comment