More than 100k people in Japan are now aged 100 or older
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More than 100k people in Japan are now aged 100 or older
Unofficial Hacker News client; not affiliated with Y Combinator.
shoobiedoo · · focus · HN ↗
I looked into becoming a care aid myself as I'm tired of office culture in Japan and have some experience in that field. I was shocked to see that they start at less than 10USD, and working your way up takes years, decades even.
Continuing to kick this can down the road is going to be an absolute disaster.
cameldrv · · focus · HN ↗
If that happens, the majority of Japanese people will be retired, and the cost to provide medical care for them will be astronomical compared to the number of people that can provide that care. It's easy to say "Japan is a rich country, they can afford it." However, medical care for old people is very labor intensive. Even if the old people have "savings", this is just a claim against the labor of young people. If the young people are too worn out from caring for their parents to have their own kids, the country dies out.
The only solution I can think of is to provide massive incentives to have kids. Massive meaning something like "you get $40k per year for every kid in your house under 18", or "you get a free house when you have your first kid, and a bigger one when you have your second."
Maybe this sounds extreme, but the alternative is that young people are taxed at punitive rates in order to provide care for older people. As the situation progresses, younger people will have even less kids because they can't afford them, and eventually they won't even be able to pay for a reasonable living standard for themselves. Older people won't care and will vote themselves excellent benefits, since they would have a good majority in voting. The only option younger people would have would be to leave the country, which only forces the tax rates higher. Eventually something breaks. It's difficult to predict exactly how it would go but it's not pretty.
If Japan is to be saved though, it has to happen in the next 5-10 years or so, and the sooner the better. Once the population pyramid slides up another decade, you'd need the average couple to have 4 kids or so, and the incentives required to make that happen are not affordable, and wouldn't be agreed to democratically when the majority of the population is retired and wants the money for the remainder of their lives rather than paying for kids that would be too young to provide labor to care for them while they're alive.
HaloZero · · focus · HN ↗
Or we set a max age of the population where you off yourself. It’s the plot of Half a Life in Star Trek TNG
ponector · · focus · HN ↗
To have multiple kids you need bigger house, more stuff and more time.
To have 2+ kids you either neglect them or should become stay at home parent. It's only for rich, for families who can comfortably live on one salary.
The other thing is time: people who want many kids want to spend time with them, not at work. But without work they cannot afford kids. Catch-22.
johnnyanmac · · focus · HN ↗
or collectivist societies. We completely forgotten the old adage: "it takes a village to raise a kid". 3rd world countries still increase in population because everyone chips in to care for everyone's kids, not simply staying within their own house raising their own kid by themselves.
>The other thing is time: people who want many kids want to spend time with them, not at work. But without work they cannot afford kids. Catch-22.
This is definitely another piece of the puzzle, one within the levers of government. Shorter work weeks for the same or more pay would alleviate this issue. But that's something the elite will fight tooth and nail to prevent.
sandmn · · focus · HN ↗