The Fiscal Times article examines this idea. Here is an excerpt...
"One of the striking and less-reported trends from the Great Recession is a decline in the birth rate, which some experts predict will continue to fall. When it falls over a long period of time — as it has in nearly every other developed country — governments face the dire consequences of having a small working public supporting an aging population — a combination that could topple not only social programs for the elderly, but the entire economy."
Japan is experiencing this "upside-down pyramid" - it is real and something we need to examine in our zeal for "zero population growth".
No comments:
Post a Comment
This blog does not allow anonymous comments. Please identify yourself. Thanks!