The biggest lie told today is that we have less wealth in the world and we can't afford things like social security and welfare. There is more wealth now than there has ever been. Modern productivity is insanely high.
There is more wealth now than there has ever been.
And the role is government is bigger than ever. Back in the day if there was an earthquake, people didn't storm Congress asking what they would do about the earthquake problem.
More significantly, people attributed bad health to nature, not bad insurance policies.
Also, demographic have changed a lot. Now we have:
* fewer productive adults per household due to demographic trends (single parenthood, divorce, etc.)
* fewer children per household that grow up and contribute payroll taxes
* fewer people dying at their prime (and contributing to pensions, etc. without drawing anything)
* higher standards of living (bigger houses, multiple TVs, grandma lives across instead of upstairs, obesity outweighs starvation as a problem, etc.)
Comments
The biggest lie told today is that we have less wealth in the world and we can't afford things like social security and welfare. There is more wealth now than there has ever been. Modern productivity is insanely high.
And the role is government is bigger than ever. Back in the day if there was an earthquake, people didn't storm Congress asking what they would do about the earthquake problem.
More significantly, people attributed bad health to nature, not bad insurance policies.
Also, demographic have changed a lot. Now we have:
* fewer productive adults per household due to demographic trends (single parenthood, divorce, etc.)
* fewer children per household that grow up and contribute payroll taxes
* fewer people dying at their prime (and contributing to pensions, etc. without drawing anything)
* higher standards of living (bigger houses, multiple TVs, grandma lives across instead of upstairs, obesity outweighs starvation as a problem, etc.)
Funny how you didn't address the increase in productivity bullet point. Guess it didn't fit your worldview/agenda.