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How much do we want to spend on our pensions?

The article discusses the sustainability of Spain's public pension system, challenging claims that it is unsustainable. It argues that while the current spending on pensions is high at 12.9% of GDP in 2025, this figure has remained relatively stable since 2014, despite demographic changes. The piece highlights that pension spending increased during the financial crisis but has since stabilized, and projections suggest a moderate increase up to 2050. It emphasizes that the system is primarily funded by social contributions rather than taxes, and notes that the decision on future pension funding levels is ultimately a political choice.

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How much do we want to spend on our pensions?

The article discusses the sustainability of Spain's public pension system, challenging claims that it is unsustainable. It argues that while the current spending on pensions is high at 12.9% of GDP in 2025, this figure has remained relatively stable since 2014, despite demographic changes. The piece highlights that pension spending increased during the financial crisis but has since stabilized, and projections suggest a moderate increase up to 2050. It emphasizes that the system is primarily funded by social contributions rather than taxes, and notes that the decision on future pension funding levels is ultimately a political choice.

Bias read (Progressive): The article frames the pension system as being under threat due to political rhetoric, particularly from right-wing parties like Vox, which are criticized for using alarmist language. It challenges these narratives with data showing stability in pension spending and highlights progressive policies,如

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