The issue is that Europe has a relatively good social safely net. An economy with little growth and more of its people retired are going to cause a decrease in benefits per person.
We have PLENTY of average benefits per person already. Currently most benefits go to rich people in the form of public investments in private companies, subsidies for often harmful industries, and a plethora of tax breaks. Growth is not the problem.
The issue is that Europe has a relatively good social safely net. An economy with little growth and more of its people retired are going to cause a decrease in benefits per person.
We have PLENTY of average benefits per person already. Currently most benefits go to rich people in the form of public investments in private companies, subsidies for often harmful industries, and a plethora of tax breaks. Growth is not the problem.