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Are we just demographically fucked?
Yes, on several levels.
Ageing population, more long term conditions and a public sector pension liabilitty of £2tn+. There are not enough young people in the UK to bankroll the old folk, which is one of the reasons the Uk follows a high immigration policy (immigrants tend to be working age and have kids). And we are still ten to twenty years away from the worst effects of this situation biting.
Stonehedge
NickCJ
Will be interesting / depressing to read the full report when published.
Health spending has been a roughly constant % of GDP for the last 10 years but service levels have fallen off a cliff (all setting COVID to one side). Are we just demographically fucked?