• NovaPrime@lemmy.ml
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    3 months ago

    The problem is not having enough young people to balance out the eventually aging of the GenX and Millennial generations. If things get too top heavy on the elderly side, the entire house of cards that is consumer and service driven capitalism tends to start toppling over. Immigration has traditionally helped in this regard by providing younger labor and tax base when native populations fail to keep up.

    • Mossheart@lemmy.ca
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      3 months ago

      So wait, when all the boomers die and it topples over, does housing get affordable again?

    • maniii@lemmy.world
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      3 months ago

      By raiding and gutting SocialCare, Medicaid and Medicare and government emergency funds, the US Govt and State govt and other govt orgs have been running up the debt like crazy. Only way that debt and spending continues is by having a working population that steadily grows and increases each individual output while cutting back what they can consume.

      Starvation wages and rampant inflation is easy way for govt and private orgs to extract wealth from the working populace.