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Old 04-15-2007
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Re: America moves to the Left

Quote:
Originally Posted by Diuretic View Post
Interesting that you should mention that. We've recently had a running policy debate on that here. But some recent projections have shown that it's not going to be a problem (here). There was an attempt in one of our newspapers to start a baby-boomer v gen's x,y,z etc. but it pretty much petered out when the statistics showed that - for us at least - the previous projections were out of date and that, for various reasons, the great fears of a population unable to sustain itself are misplaced. But that's just here, in Australia of course. It will definitely be different for other nations.
Here we will not be in as bad a shape as some EU nations, but projections are that right now there are 4 workers for each retiree and in a couple of years as the boomers continue to retire that number goes down to 2.6 workers. We have an influx of immigrants that will offset these numbers somewhat, if we can just get them legally and paying into the system. In the Eu as I understand it the aging population is a real worry.
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