Trends›Ageing squeezes public finances

Ageing squeezes public finances

Fewer workers per retiree means pension and care spending eat a growing share of GDP while the tax base shrinks. The pressure is arithmetic from people already born; only its incidence is negotiable.

  • Fact
  • Near certain
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Fig. 1The world view, with this fact as the washed slab and the beliefs it drives standing on it. Column height is confidence.
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