ironically enough, a falling birthrate will mean that the welfare system will do better, because there will be less need to pay out unemployment money to the unemployed working-age people on top of the retirement money for old people.
the old people don’t need money, they need resources. and who produces the resources? companies, with the help of workers. so if there’s an unemployment phenomenon, that means that enough resources are already being produced, apparently.
seriously though excessively-falling birthrates mean less welfare available when we age into social security territory
my millennial friends all believe they won’t get social security (because by then it would’ve run out) because of falling birthrates
ironically enough, a falling birthrate will mean that the welfare system will do better, because there will be less need to pay out unemployment money to the unemployed working-age people on top of the retirement money for old people.
sauce? there’s way more retired old people than unemployed young despite how the latter’s rising
the old people don’t need money, they need resources. and who produces the resources? companies, with the help of workers. so if there’s an unemployment phenomenon, that means that enough resources are already being produced, apparently.
as a capitalist society they still need money to buy the resources. if they don’t have money then there’s not enough demand from them