No Babies = No Money
Parliament Report Sounds Alarm: Low Birth Rate + Aging = Financial Crisis
http://www.lifesitenews.com/ldn/2010/feb/10021809.html
“Taking into account Canada’s steady 1.5 birth rate, far below the 2.1 replacement rate, along with the accompanying ageing of the population, the report warns that ‘a major demographic transition is underway.’”
“In order to compensate for the low birth rate the report says there must be very substantial increases in taxation and major cuts to government services, amounting to 14 to 28 billion dollars.”
“The key to solving the problem lies in increasing the fertility rate. And beyond making abortion illegal, which will help, Dr. Sassone said, ‘we must change the attitudes of people towards having babies.’”
THE DEMOGRAPHIC TIME BOMB: MITIGATING THE EFFECTS OF DEMOGRAPHIC CHANGE IN CANADA
http://www.parl.gc.ca/39/1/parlbus/commbus/senate/Com-e/bank-e/rep-e/rep03jun06-e.htm
“‘With an older population, spending pressures in areas such as health care and elderly benefits are projected to intensify. At the same time, slower labour force growth is projected to restrain growth in the economy, which will in turn slow the growth of government revenue.’”
“‘The Government’s current fiscal structure is not sustainable over the long term.’”
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