54 online
 
Most Popular Choices
Share on Facebook 88 Printer Friendly Page More Sharing
General News    H3'ed 1/1/19

The demographic time bomb that could hit America. By Catherine Rampell

Quicklink Submitted By   6 comments, 3 series
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (23 fans)

Metro Areas:  Population Change 2000-2010
Metro Areas: Population Change 2000-2010
(Image by JoeInSouthernCA)
  Details   DMCA

"Japan’s demographic crisis provides some lessons for where America might be headed. In 2017, the USsaw the fewest babies born in 30 years! Why does this matter? Well, it’s hard for an economy to grow with fewer workers. And as more people age out of the workforce, a swelling number of retirees must depend on a shrinking number of working people to power the economy. The tax base required to fund public services for those retirees — including health care and elder care — also shrinks. But it turns out things could be worse — a lot worse. We could be Japan, whose unfolding demographic crisis provides some lessons for where America might be headed. Meanwhile, deaths in Japan hit their highest level in nearly a century. Put together, that means the country’s population is shrinking rapidly, experiencing its largest natural decline on record."

Read the rest of the story HERE:

At www.washingtonpost.com
Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation:

Tell A Friend