In the UK at least the biggest portion of welfare goes to the state pension.
It’s hard to deal with that when people have been paying into the system for their whole working lives on the promise that they will be looked after in old age.
It’s hard to see how you can fix this whilst pensioners continue to vote whilst young people don’t.
>It’s hard to deal with that when people have been paying into the system for their whole working lives on the promise that they will be looked after in old age.
They weren't paying "into the system". They were being taxed.
Treat it for what it was, and stop feeding the pyramid scheme.
Meanwhile we bail out large corporations on mere speculation they might fail. I don't know where you live, but around me a large chunk of the population have nothing to fail down to other than homelessness which is a huge drag upon the economy.
That's about 25% of UK government spending. 33% if you include pensions.
The UK does have an issue with a lowering number of people in productive work and ever more on various kinds of disability payout, it's true, but this -
If education is welfare then so is everything. Defence is welfare becuase before you might have to hire private security. Police and fire serviecs are welfare because they used to be private. etc....
Ok so can you name me a single piece of government spending that isn't welfare Or are you advocating for governments to just cease existing all together.
The answer is the ultra-wealthy. Those on welfare are getting increasingly poor, while the ultra-wealthy are getting increasingly wealthy. It's clear where the money is going, and it's not to poor people.
> political pressure. Same reason lots of stuff is banned in the EU even when it's safer than other things that aren't banned.
You avoid the question instead of answering it (What caused that "political pressure"? Does such a thing just occur randomly in nature?), following it by an assertion that you don't bother to provide any evidence for.
I believe the EU tends to follow a precautionary principle, namely a substance generally must be shown to be safe before it’s approved. In contrast, the US follows a risk-based approach where a substance can often be used unless it’s shown to be harmful. So it isn't really that many "safe" things in the EU are banned, rather they have not been approved. Pretty sure this is specific to food additives, though may apply to other areas.
>Real estate(the land, not the mansion) is a really good long term storage of wealth as it is fixed, finite, and doesn't depreciate in value except through market trend and it basically only go up as long as the economy itself grow.
None of this is true.
Step by step:
>as it is fixed
Something not being able to be moved is a negative, not a positive
>finite
New land is created all the time. The netherlands has created an entire new province.
> and doesn't depreciate in value
Only true legally. I can assure you land does depreciate, as can any farmer that has used it to farm the same crop for years and now finds its yields reduced as a result.
>except through market trend
So, just like any other asset?
> it basically only go up as long as the economy itself grow.
Untrue, simply check any number of rural areas that have had the life drained out of them over the past 50 years.
Land is useful, but let's not pretend like it's something it isn't.
>You're 'technically correct' but the total amount of land being created is so small as to be meaningless in a global sense.
By that argument we don't even need to create any land at all. There is plenty of empty or nearly empty land all over the world. It may not be as desirable as specific places, but i can assure you the cost to make large swathes of land inhabitable by humans is comparatively low.
Land not depreciating is true, because unlike capital, it doesn't suffer entropy for all intent and purpose. Compare that to a car, which is forever basically a depreciating asset.
Also, Netherland did not create land, because ocean is a type of land. They merely improve the land to the point that it can be used by people walking around, but that also preclude the ocean to be used by other means such as aquaculture and building coral reefs which can be used to provide ecosystem services and sustenance to humans.
New startup idea: landhacking. We disrupt the earth's surface itself by simply building land under or above the existing land. The new land will be fully non-fungible, powered by blockchain and AI. We're so sure this will work, we're taking pre-orders for parcels of hacked land already!
>There's literally 0 startups I've been part of where data protection laws or even the infamous cookie banners have been anywhere near relevant (unless your business was literally profiling).
This is a result of subsidies distorting market prices and encouraging malinvestment.
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