Tuesday, February 01, 2011
The drivers, i.e., can be represented as NaviMaps with reinforcing loops are not captured in this map.
Clearly what is going on is unsustainable. They say demographics is destiny. If put to the vote and the older people are the majority, the young will be bullied because the institutions are against them. There will be revolt. Some of the young will leave for better opportunities elsewhere. The society will decline rapidly, if not catastrophically. Pensioners must accept that the promises of retirement aren't there. They will have to work more years and many will never retire at all. Will they buy this? Fortunately the baby boomers do not all retire at the same time. A problem that presents itself as trickle provides opportunities for solutions that a tipping point situation just does not. The way forward is to cut benefits and retire later. Politicians have their work cut out for them, but will they be up to it?