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Re: This cannot work

There are people out there who think go to school and college and graduate at age 24.

Find a job, work it until you are 50 and then retire with a pension.


The problem with this game plan is that there is only 26 years of productivity supporting 81+ years of life. (On average)



Other methods have been tried including France trying to institute a shorter workweek.

The problem is that there is either no way anyone can purchase the goods your nation sells or your people cannot purchase the goods of other nations.

The math is pretty simple... every one of those socialists expects a certain amount of food, clothes, electricity, luxury allowances and so forth for all of (at least after college) those years.

But with 32% providing for 68% you either need to successfully sell your goods very high or you need to tax the working class for at least 70% of their wages (2% for Government employees is low, probably more like 75%)

This means all get the same low pay or you have products you sell for extreme profit (or a bit of both).

The problem is it is unsustainable. The model breaks at the first economic slump period.



Consider however when the average starting age is 21.5 and retirement is 65.

Then you have 43.5 years supporting 81+ years. The model is far more sustainable.

Just think on it.

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2 Reply by Paininside (edited by Zarf BeebleBrix 25-Aug-2012 17:43:07)

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Re: This cannot work

i dont know where u come from, but we in the netherlands allready have to work to 67 before we even con consider a pension.
talking about the working class that is.

and u dont even wanna know how much taxes we pay to sustain all them [people] who dont wanna do nothing wink

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3 Reply by Justinian I (edited by Justinian I 25-Aug-2012 18:49:41)

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Re: This cannot work

lolz at retiring at 50.

The problem has to do with degree inflation. When college attendance is so high that at least 45% of students drop out, then prices rise because demand outstrips supply. Second thing that happens is that the quality of education and the value of a degree drops. Then having a degree becomes a requirement for entry-level positions that are irrelevant for that position. The result is that the cost of education becomes a barrier to entry for simple employment.

The solution: If you don't score in the 80th percentile on either the ACT or SAT, then you aren't receiving financial aid. Seriously, that would fix a lot of problems.

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Re: This cannot work

Who the hell retires at 50?


The biggest problem is today's college graduate, getting their degree, then expecting a position that pays over $100k per year "just because they went to college".

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Re: This cannot work

> Arby3 wrote:

> Who the hell retires at 50?


The biggest problem is today's college graduate, getting their degree, then expecting a position that pays over $100k per year "just because they went to college".

More like $40,000.

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Re: This cannot work

rich people retire at birth

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Re: This cannot work

many firefighters and cops get out at 50.

in CA that's also state govt workers, of whom there are about 250,000.
and their pension is based on their highest pay.
and if they carry sick days and vacation days over they can cash them out at their highest level even if they're carried from their first year.
and then they can earn their pension and get hired as consultant for full salary too.

that's the highest level, the current newbs get screwed by 13% furloughs

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Re: This cannot work

I understand Flint's problem now... he thinks R.O.W = Europe = France = all "left" thinking ever

Here the "left" party wants to push the pension age up to 70 over the course of 5-10 years whilst the "right" party wants to keep it at 65, whilst another more "centre" party wants to drop it to 60 and the "far right" wants to pretty much get rid of it and have it up to individuals when they retire.

Of course the problem with your model flint is that you don't want people going to Uni  since your "bad" model has people graduating from Uni (though really 21 would be an average graduate age) which means you will end up with a low-tech economy, which will mean not as good an economy, which means that the model will break at the first economic slump (i.e. the recent one.)

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9 Reply by The Yell (edited by The Yell 27-Aug-2012 00:00:47)

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Re: This cannot work

all our problems can be solved with a 30 year civil war
just look at ethiopia
they're so well off they're going to invade somalia because it destabilizes the region

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10 Reply by V. Kemp (edited by V. Kemp 27-Aug-2012 05:17:39)

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Re: This cannot work

You can't retire on savings. Then you might not spin the wheel as hard all your life to please your overlords.

The fed has to keep stealing your savings, so you have to keep working.

End the fed, and you can actually save and plan your life the way you want to live it. Keep the fed and your savings will continue financing bribery and the aristocracy.

[I wish I could obey forum rules]

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