The projections are reliable, and stark: By 2050, people age 65 and older will make up nearly 40 percent of the population in some parts of East Asia and Europe. That’s almost twice the share of older adults in Florida, America’s retirement capital. Extraordinary numbers of retirees will be dependent on a shrinking number of working-age people to support them.
Basically nation states are like teenagers and we’ve decided to stop hanging out with one of the popular girls because we’ve decided Becky down the street is nicer, so what if she doesn’t have as much money. Meanwhile, Susan is prone to jealousy and lashing out and is probably going to make our lives really upsetting by spreading rumors about how we’ve got a pencil dick and we’ve been sleeping with that one kid who everyone bullies that smells funny
The mother, 17, allegedly “changed her story several times” but ultimately “confessed” she had been tired and wanted to take a nap, filled the baby’s bottle, and put some of “what she thought was cocaine” in the bottle, the sheriff said.
Why the hell would you give cocaine to a baby to make it sleep. WTF
This comes up all the time for student loans. The answer is pretty straightforward: if people could discharge student loans, nobody would ever lend money for student loans.
If you had some money and a 17 year old with no income and no credit history wanted to borrow 300k from you… Would you let them? Of course nobody would. The inability to discharge the debt was basically a way for the government to help improve the risk equation for banks lending that much money in such a risky way.
The real answer for this stuff is to instead focus on fixing the college funding model - probably through some voucher system or by making state schools free for undergrad. Once that’s done, you can worry about lessening existing debt burdens for people who need the help.
news
Active
This magazine is from a federated server and may be incomplete. Browse more on the original instance.