Friday, July 30, 2010

Aging Populations; Fewer Workers; Decline Of Developed Countries

The first generation to embrace abortion, contraception and "family planning" saw their CPP premiums going up 175% (so far). For the following generations things could turn out even worse:
WASHINGTON, DC, July 29, 2010 ( - The 2010 World Population Data Sheet, published by the Population Reference Bureau (PBR) on July 28, says that a shrinking pool of working-age populations is jeopardizing social support and long-term health care programs for the elderly, and points to a decrease in the populations of developed countries.

The report states that worldwide in 1950, there were 12 persons of working age for every person age 65 or older. By 2010, that number had shrunk to 9. By 2050, this elderly support ratio, which indicates levels of potential social support available for the elderly, is projected to drop to 4.

The report also shows the contrasts between developing and developed countries and highlights that while developing countries will see populations increase, developed countries are beginning to see population shrinkage.
For example, Japan has a total fertility rate of 1.4 children per woman, and an elderly support ratio of 3—the lowest in the world, along with Germany and Italy. By 2050, Japan will have only 1 working-age adult for every elderly person; Germany and Italy will each have 2.
No safety net can sustain that kind of pressure. Retirement age will have to be raised to 70, if not 75 - and even that is unlikely to prevent severe cuts to retirement benefits.

And immigration is not a solution either. Canada's tried that already, back in late 1980s, with immigration numbers increasing about three-fold over the two following decades. Except... The people who came back then, belonged to the same generation as Canada's baby-boomers. They'll be retiring at exactly the same time as their Canadian-born peers. The immigrants of today are in their 30s now, but in 2050, they'll be the ones described in the report as "the elderly". And I doubt that the immigrants of 2020s or 2030s will be all excited about paying hundreds of dollars every month to support the growing number of Canada's seniors.

To stop and then to reverse the unprecedented "global aging", which threatens to destroy the developed nations' safety nets (along with their economies) we need another baby boom. There's simply no other way to avert the crisis.

1 comment:

Lou Iacobelli said...

I think it's a great idea to organize and have the "40 Days for Life" initiative in Moncton. The entire nation needs it. Every life saved is worth the effort. We have had twice here in Toronto. From that experience came so many positive things. I even started to do a blog with somebody my wife and I met in front of the abortuary, as we prayed the rosary. We call the blog, Everydayforlifecanada.It's our small effort to raise awareness and spread the word to build a culture of life in Canada.
After we witness for life, we also need to realize that as Canadian citizens we have the right to demand that our tax money not be used any longer to pay for abortions. An abortion is an elective medical procedure because a pregnant woman is usually very healthy. We are all forced to fund the killing of healthy babies. If we begin to talk openly about this issue and become more politically engaged, pro-lifers will surely be taken a lot more seriously. Bad laws are not there forever, they can be changed for the better. Politicians do pay special attention to votes and money.
By the way, keep up the solid efforts with "Stand Your Ground".
Thank you,