I’m trying to fact-check the rhetoric about older generations consuming Government resources due to demographic transitions and the aging population. Intergenerational equity concerns me as a young person. I’ve found a primer that models the general situation here and an article critising assumptions that people may make after introductory readings on the topic here. Does anyone have anything else to add? My working conclusion is that I have nothing to worry about. However, I am assuming that things like the ‘trust fund’ to pay for baby boomer retirement applies to Australia as much as in the US, and that the second article is more true than the first, since they are contradictory.
I’m trying to fact-check the rhetoric about older generations consuming Government resources due to demographic transitions and the aging population. Intergenerational equity concerns me as a young person. I’ve found a primer that models the general situation here and an article critising assumptions that people may make after introductory readings on the topic here. Does anyone have anything else to add? My working conclusion is that I have nothing to worry about. However, I am assuming that things like the ‘trust fund’ to pay for baby boomer retirement applies to Australia as much as in the US, and that the second article is more true than the first, since they are contradictory.