Weird. Despite the huge growth over the past decades, the social systems mostly became worse. What did they do different in 1990 that they managed to make more oit of the lower economic output?
People living longer (and the care to look after them becoming vastly more expensive, and more and more taken on by the state rather than family as in the past), meaning the ratio of workers to pensioners is getting more and more unsustainable every year.
Parasitic billionaire/multi-millionaire class siphoning as much money as they can from people, and abusing tax loopholes so they pay very little back to the very system that gave them their wealth in the first place.
Weird. Despite the huge growth over the past decades, the social systems mostly became worse. What did they do different in 1990 that they managed to make more oit of the lower economic output?
Two main factors, I’d imagine:
People living longer (and the care to look after them becoming vastly more expensive, and more and more taken on by the state rather than family as in the past), meaning the ratio of workers to pensioners is getting more and more unsustainable every year.
Parasitic billionaire/multi-millionaire class siphoning as much money as they can from people, and abusing tax loopholes so they pay very little back to the very system that gave them their wealth in the first place.