11:57:56 AM Family friendly policies the answer to demographic woes? Shannon Roberts | 11 Feb 2013 | (4) This week I recommend you to an interesting interview conducted by John Rosen on the Wall Street Journal website with the author of a new book called “What to expect when no one’s expecting”. You can find it here. The author, Jonathan Last, succinctly summarises many of the challenges facing the world as a result of low birth rates. We only have to look like countries like Greece to see that we can’t afford entitlements, for example, without a young working population paying taxes. The article puts it well: Forget the debt ceiling. Forget the fiscal cliff, the sequestration cliff and the entitlement cliff. Those are all just symptoms. What America really faces is a demographic cliff: The root cause of most of our problems is our declining fertility rate. Read more at Mercator.Net |
Monday, 11 February 2013
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