No worries, the EU (and UK) governments have gone ahead and taken the only real way out of this conundrum: researching robotic labor to take over for this ... and defunded it.

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Retric a day ago | parent [-]

That’s not the only solution, curing dementia would largely solve the manpower issues here.

Rapid population decline is a separate issue that makes this problem seem much worse. In other words, if elderly care works in a steady state population then it’s a symptom here not a cause.

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spwa4 a day ago | parent [-]

You have seen the protests in France? Raising the retirement age will not go over well, to put it mildly.

Bloquons tout!

	▲	Retric a day ago \| parent [-]
		Increasing the retirement age isn’t necessary. It increases overall prosperity in exactly the same way all those things that increase productivity do by allowing you to use extra labor on other problems. Instead changing demographics means retirement benefits may need to alter their payout formulas, but more prosperity means more money for retirees in absolute terms even if they keep receiving the same percentage of GDP. IE X% of per capita GDP in 2025 is way higher than X% of per capita GDP in 1975 adjusted for inflation easily offsetting increased lifespan. The same is nearly guaranteed in another 50 years.