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You’re not wrong, but our entire economic system is built on the idea that the pensioners will be supported by a steady stream of tax paying younger workers. W
by spaceman_2020 3y ago
You’re not wrong, but our entire economic system is built on the idea that the pensioners will be supported by a steady stream of tax paying younger workers.
When that stream collapses, paying for the pensioners becomes much harder.
- INTPenis 3y agoSure, but 800k out of 120m people is nowhere near affecting the senior citizens of the future. Time will tell if it's a stabilizing change that will oscillate around some baseline, or if it will continue to drastically decline. And even if a drastic decline is the future we're looking at, there is no shortage of immigrants who are willing to take menial jobs for low pay. As far as I know Japan hasn't been an inviting immigration destination so far. There are policy changes to make that could easily inject some population to the country.