One of the reasons it's hard for both California and America to make wrenching structural changes in the face of climate change and automation is because the population is so much older than it was before. 24% of Californians will be seniors by 2060.https://twitter.com/henrygrabar/status/1134111369278701568 …
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That's a big share of voters and the electorate who don't have particularly strong reasons to care about any time horizon beyond 10 or 20 years or so....
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Free cigarettes for seniors.
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Once you put it in terms of state to state, that will eviscerate tax income. California’s going to have a hard ride in term of tax revenue vs public services in the coming years.pic.twitter.com/vqXn6cZC1A
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TIL I'll be a grumpy senior by 2060
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Per capita GDP keeps rising despite shifting demographics. Old people are *expensive*. Because of healthcare. Public investment in combatting cost drivers is a pittance. Olds not caring is one thing; money to finance a GND or whatever is there for the collecting.
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