Germany is weighing sweeping pension changes, including raising the retirement age to 70. Meanwhile, football fans are celebrating after the men's national side qualified for the World Cup knockout stage.
We also have much better technology and produce much more stuff with significantly less labour.
This is not really about the rich people paying taxes, it’s more about the fact that if we have better technology and production why do people have to work more?
Indeed, boomers are more; but I think we are able to sustain their lives without them having to work.
if we have better technology and production why do people have to work more?
Because you pay people for the time they work, not for what they produce. You work 8 hours a day and you are paid for these 8 hours basically without taking into account of how much you produce.
In the end in a sane system what you set aside while you work should be what pay your pension when you will stop working (but it is not true anymore). You cannot expect to work less or equal and live longer and keep the same standard of living
Indeed, boomers are more; but I think we are able to sustain their lives without them having to work.
No, we cannot. Many pension systems have been designed thinking that for every retired person there will be more than one worker. It worked at the time, when families had 3 or more children, it not work now when families have just one or two children, if even.
We also have much better technology and produce much more stuff with significantly less labour.
This is not really about the rich people paying taxes, it’s more about the fact that if we have better technology and production why do people have to work more?
Indeed, boomers are more; but I think we are able to sustain their lives without them having to work.
Because you pay people for the time they work, not for what they produce. You work 8 hours a day and you are paid for these 8 hours basically without taking into account of how much you produce.
In the end in a sane system what you set aside while you work should be what pay your pension when you will stop working (but it is not true anymore). You cannot expect to work less or equal and live longer and keep the same standard of living
No, we cannot. Many pension systems have been designed thinking that for every retired person there will be more than one worker. It worked at the time, when families had 3 or more children, it not work now when families have just one or two children, if even.