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In Reply to: RE: 92,000 Americans over 100, now, and its one of the posted by Dave_K on March 7, 2021 at 16:53:02:
Just kidding. You hit the one out of the park.
Longevity is a major issue. Back in the day, fewer people reached 65 and most passed away within a few years if the did. When my Mom was young, her mother and father lived modestly and her grand parent lived with them. Her grandma did the cooking and took care of my mom while her mom and dad worked. I still remember my great-grandpa living with my grandma until he passed away. Now, we expect SS and Medicare do the job for an extra 20 years.
So we need to import workers to fund SS and Medicare, but what will they do. How many fast food workers do we need if we have automation? You need three workers to support 1 retiree or maybe more. What's the current ratio?
Andrew Wang sees that problem.
-Rod
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Follow Ups
- How about e) Tax the Rich?!! - Rod M 03/7/2120:49:59 03/7/21 (0)