I think that more education and longer health and life spans are a good thing.
The population aging is a bad thing. But the boomers decided to not have as many children as previous generations. And it is their perfect right to do that. Most likely pension systems will need to make use of some of the boomers’ accumulated wealth to finance their retirement.
What is harming the pension system? It is unsustainable in its current form, everybody knows that, even the mainstream media is not denying it.
We have more and more people that get pensions, and less and less people paying for it. People live longer. People start working later.
and everybody knew it for the last 30 years.
I think that more education and longer health and life spans are a good thing.
The population aging is a bad thing. But the boomers decided to not have as many children as previous generations. And it is their perfect right to do that. Most likely pension systems will need to make use of some of the boomers’ accumulated wealth to finance their retirement.