Re:Former Labor Secretary Found What Work Is Like Now
by mschuster91 on Monday January 24, 2022 @03:18AM
(#30054800)
> Hard no here. If retirees feel strong enough to work, they are 100% entitled to improve their incomes.
Assuming a finite number of places of employment in an economy, when old people cannot ever reasonably retire because multiple governments have either outright stolen from the pension funds or otherwise fucked up the pension system, there is an imbalance: young people are forced to be either unemployed or massively under-employed (i.e. stuck in low-paid, entry level positions), instead of being able to rise through the ranks based on the work they put in.
Assuming a finite number of places of employment in an economy, when old people cannot ever reasonably retire because multiple governments have either outright stolen from the pension funds or otherwise fucked up the pension system, there is an imbalance: young people are forced to be either unemployed or massively under-employed (i.e. stuck in low-paid, entry level positions), instead of being able to rise through the ranks based on the work they put in.