Comment by motters
17 years ago
Also, this decade sees the beginning of the "pension bomb" - the demographic bulge of post-war baby boomers crossing the threshold into retirement. It's fairly easy to predict that there will be pensions scandals, with some pensions companies going bust or paying out far less to recipients than had been originally advertised. Also I predict the beginning of large supermarket scale retirement homes/complexes/compounds, where economies of scale can reduce costs of elder care.
Why was the state capable of taking care of these people from the ages of 0-20, but cant take care of the same group in their old age?
Why was the state capable of taking care of these people from the ages of 0-20
It wasn't and didn't?
Because a brand new body is easier to maintain than a broken-down old one.
To provide a frank example, look at a car.
I think it's a lot more complex than that: http://www.chomsky.info/articles/20050601.htm