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Notes -
The issue with this is that elder care-related consumption is reaching a relative share of all expenses that it's starting to eat up all the headroom for robotics or general investment in productive capital. And in that sense, anti-old policies need not be moronic, even for someone who is well aware that they're going to be old one day too. It's better to cut down expenses now and focus them into the things that will ensure the continued ability of the economy to produce goods and services at a sufficient level well into the future where I want to retire too at some point, than to feed the seed corn to the gerontocracy utility monster that we've collectively built in the West and watch society come crashing down as a consequence.
Case in point: here in Germany, even though state spending as a total share of GDP has grown quite slowly in past decades, inside that state spending welfare has greatly displaced capital investment, and while a tiny share of that change is related to stuff like migration and a general propensity towards ever greater gibs, it's basically 100% down to our aging society. It's no coincidence that we have collapsing bridges in major cities, but pensions continually increase above inflation even as the share of pensioners increases.
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