Eternity RPC Board
05-25-2017, 09:27 PM
(This post was last modified: 05-25-2017, 09:30 PM by Jamzor the Jaxxor.)
Sorry, I just don't have much enthusiasm for this particular topic.
Although I will say that, robots or not, current spending levels on the US federal level are unsustainable for the long term. At the heart of this issue is entitlement spending, which takes up something like half or more of the federal budget and will only increase as the years go by. The population is growing older due to a decline in fertility (in comparison to the baby boom), which will lead to more and more entitlement spending with fewer and fewer taxpaying workers supporting it. Serious reforms must be considered.
The idea that robots will significantly negatively affect government revenue will no doubt exacerbate the situation.
Although I will say that, robots or not, current spending levels on the US federal level are unsustainable for the long term. At the heart of this issue is entitlement spending, which takes up something like half or more of the federal budget and will only increase as the years go by. The population is growing older due to a decline in fertility (in comparison to the baby boom), which will lead to more and more entitlement spending with fewer and fewer taxpaying workers supporting it. Serious reforms must be considered.
The idea that robots will significantly negatively affect government revenue will no doubt exacerbate the situation.