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Immigrants and miserly pensions may save Britain


Park Life
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"But it's not just Italy, Spain and Japan that face eye-watering increases in their elderly populations. China is the world's growth engine – yet it is also one of the fastest-ageing countries in the world, as its fertility rate has been below replacement level since 1991. Within a decade, its labour force will begin to shrink, a geopolitical change which the US authors of this report note will start reducing China's basic advantage in the global economy – cheap labour.

 

In Britain, the most striking fact to emerge from this report is how relatively benign the pace of change will be. Indeed, the report suggests that our "total dependency ratio" – which adds together children and pensioners – will actually fall between now and 2020 to the lowest of any big European nation.

 

It will accelerate rapidly after that, but will still remain markedly below our (ageing) continental cousins. It's partly because in Britain, longevity lags behind that of France and Italy.

 

But it's also factors such as high net immigration and relatively high fertility. Britain's population will continue to rise through to 2040, approaching 65 million, while Germany declines from 82 million to 77 million, and Italy from 58 million to 53 million.

 

Britain also saves more, a puzzling statistic given our propensity to splurge on debt as well. We hold private pension balances equal to more than two-thirds of our GDP, second only to the US. We also have one of the least generous welfare systems for the elderly – with pensioners retiring on incomes under half the level they had in employment, compared with 89% in Italy."

 

 

Feel the fear but do it anyway. :rolleyes:

 

 

http://www.guardian.co.uk/world/2009/jul/2...pulation-growth

Edited by Park Life
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i think it is bollocks that we don't support elderly people so well in this country. maybe if we could find a happy medium of weeding out the sad cunts who will never get a job, or ever want to get a job, and cut their money down then give what you save on the wasters to give to old people.

 

the problem is, maybe some old people never worked all their life and were wasters, or there are people who are unemployed right now who are trying to get a job desperately

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People need to say what they really think for this thread to kick off.

 

I think the article makes the perfectly valid point that working age immigrants contribute to the welfare bucket to a degree that they don't in other countries and people responding here won't have it.

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In Italy, peeople retire on 89% of their income!! <_<

Earn less to start with though and probably don't save much. At a guess anyway. Doesn't sound too bad though, come to think of it. Especially when you throw in the Mediterranean lifestyle. High life expectancy too.

Edited by alex
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The subtitle of the thread makes the assumption immigrants are predominantly black. Is this even true?

 

Immigration is an important issue but imo there are much more pressing issues regarding our own 'indiginous' population. At least in the North East.

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30m in the UK.

 

 

Sir David agrees. :ph34r:

 

_45659736_44672222.jpg

 

Understandable that a bloke who gets hate mail for not crediting God for the nature on display in his shows advocates a cull. :omgwank:

 

No great surprise you think the solution is a cull, Chris. <_<

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30m in the UK.

 

 

Sir David agrees. :wub:

 

_45659736_44672222.jpg

 

Understandable that a bloke who gets hate mail for not crediting God for the nature on display in his shows advocates a cull. :ph34r:

 

No great surprise you think the solution is a cull, Chris. <_<

 

:omgwank:

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