I think I would word it differently, but I more or less agree. Skin in the game is important.
Particularly with people who are old with no kids, I don't think they are totally cynical, but they do seem to have an incentive to vote society into schemes where they are taken care of by younger people, at no cost to themselves or their descendants. For instance they could decide the government needs to take out a massive 30 year loan to pay for care homes to be built.
But I also think that just because you have kids, that doesn't mean you're completely aligned with a longer term future. There's going to be a lot of desperate older people needing help from the few young people who are left, and that goes regardless of whether they made any of those young people. I mean sure, if you have kids you are less likely to be as short-termist as a childless old person.
I think it's a major issue that doesn't get talked about enough. People are happy to say "oh but plenty of old people care about society" which is true, but there's also plenty of foreigners who care about society, who can't vote. And it ignores the actual problem that we will be facing, which is that there will be fewer working people supporting older, non-working people. We need a system for equitable power sharing between generations.
Particularly with people who are old with no kids, I don't think they are totally cynical, but they do seem to have an incentive to vote society into schemes where they are taken care of by younger people, at no cost to themselves or their descendants. For instance they could decide the government needs to take out a massive 30 year loan to pay for care homes to be built.
But I also think that just because you have kids, that doesn't mean you're completely aligned with a longer term future. There's going to be a lot of desperate older people needing help from the few young people who are left, and that goes regardless of whether they made any of those young people. I mean sure, if you have kids you are less likely to be as short-termist as a childless old person.
I think it's a major issue that doesn't get talked about enough. People are happy to say "oh but plenty of old people care about society" which is true, but there's also plenty of foreigners who care about society, who can't vote. And it ignores the actual problem that we will be facing, which is that there will be fewer working people supporting older, non-working people. We need a system for equitable power sharing between generations.