The abominable face of our future population (click to see full size)

Beware the ageing population false dilemma

I have briefly touched on this topic in a previous post, but there is a need to dwell further because it’s worrying how this discussion is shaping toward the direction the government wants it. We know the problem: birth rates are low and our population is ageing. As baby boomers move into retirement, our elderly support ratio (number of residents aged 20-64 years per elderly resident) will fall, putting a heavy strain on the social support network as the tax base decreases. The answer, however, is not a straight choice between increasing birth rates and importing foreign workers to make…