04-02-2020, 06:23 PM
(04-02-2020, 12:18 AM)BigMark Wrote: i know this may be morbid but can artificially killing off a great percentage of the old people on the planet be a boon for the economy
It’s a morbid thought alright.
In any case, I don’t think it would be a net plus for the economy if something so culturally devastating were to happen.
Government social security $$ obligations would be reduced dramatically, of course. But, the recipients and/or their deceased spouses have already paid into that pool and are entitled to it.
And, senior citizens spend serious money on a whole lot of consumer goods/markets that younger people don’t need.
Plus, grandparents provide child-care for a good percentage of families where both parents have to work just to make ends meet, since wages have been stagnant for like three decades in the US.
So, the government would need to provide socialized childcare or mandate a significant raise in wages or decrease in taxes to keep the markets flowing if a great percentage of senior citizens were to perish (accidentally or by intention).