ANALYSIS and OPINION
Note: 5/13/26
Rao’s Solution becomes moree and more relevant as time goes by. Below is a very important video where we point out that Rao’s benefits transcend just those of the employer and employee in question. Fairer pay will have the effect of improving birth rates. This is crucial because the U.S. birth rate is well below the required 2.1 necessary to sustain the current population level of the U.S. In short, people aren’t having enough babies, largely because too many people believe that they cannot afford children. Moreover, these same problem adversely affect the worker/retiree ration which is also well below that currently necessary to keep social security solvent. In fact, unless we fix the system social security is set to become technically insolvent by 2033 or 2034. This means that the U.S. is going to be forced to more or less welcome more immigrants if it wants to maintain the solvency of social security and avoid the negative consequences of population decline. Rao itself was written to impede the rise of oligarchy caused by ever widening wealth and income gaps between rich and poor. Oligarchy is slow poison to a democracy. Its just one step away from autocracy and dictatorship. The video below further explains: