3 ms·
Cure worse than the disease. A aging population is economically ruinous.
by graemep 2y ago
Cure worse than the disease. A aging population is economically ruinous.
- logicchains 2y agoCompare the growth in GDP per capita in Japan Vs the UK, the UK isn't doing particularly better in spite of all that immigration.
- AlexSW 2y agoIt's not obvious to me that comparing GDP per capita is a fair comparison when talking about one country with immigration vs one without. A lot of the immigration I believe to be not so skilled. But we needed lower-skill jobs filled too.
- graemep 2y agoits quite complicated and changes over time. Post Brexit changes make it easier for high skilled workers and harder for low skilled. I have not idea how big the actual change has been. There have been other events and rule changes that have had an impact - covid and Ukrainian visas. Some interesting data here: https://migrationobservatory.ox.ac.uk/resources/briefings/migrants-in-the-uk-labour-market-an-overview/ https://migrationobservatory.ox.ac.uk/resources/briefings/mi...
- graemep 2y agoIt looks to me that the Uk has done a lot better: https://ourworldindata.org/grapher/gdp-per-capita-worldbank?tab=line&country=GBR~JPN https://ourworldindata.org/grapher/gdp-per-capita-worldbank?...