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It's bad for capitalism and the 1%. You can't have infinite growth with falling population numbers.
Edit: A lot of people claiming it's also bad for the young and old people. It depends on how you're social services are structured. Where I live the system is set up so that everyone only gets back the money they put into the system. That's what the EU recommendations are and where all the EU countries are moving. Yes, the retirements will be lower in the future but that's the only way to make the system sustainable without major cuts to everything else. IMHO it's better than the idea of infinite growth.
No, it's actually bad for everyone, because few young people have to support loads of old people. Politics will cater to the old people, because they have more voting power in numbers and will cut budgets for young people (education, social security and so on).
As opposed to now? That's literally what happens here, no one wants any of these old fucks' laws. They were born when the first plane was taking off and haven't kept to date with anything in the modern world. We have no choice because the only people who seem to have any time to do anything in this country are the old people. Therefore we get shit on for simply trying to exist.
Yeah, that's getting even worse.
It's bad for the Old who will have their Pensions cut and bad for the young who have to pay for more Pensions.
It's not bad because we're such a capitalist Society but exactly because we're not. Because we expect to pay Welfare to older People to retire. And that whole Concept lies on the Assumption, that there will always be more People paying for the Welfare than People receiving it.
Lol. What pensions?
Sounds nice for SK. But lol pensions don't exist for most of the US anymore
The US doesnt have pensions. We are simply expected to birth more drones, by force if necessary
It's bad for humanity too. You can't replace all the old people that cannot create what we desire for living without having kids.