Wednesday, April 22, 2009

Why demographics are important...

Steyn makes a very good point, as he usually does. There are a number of reasons why having children is important, only some of them are population growth. Without new people to replace you, and to add to the population, your economy CANNOT grow. The only way you can pay for Euro-style social spending is to have someone to tax. No children, no productive immigration, no new taxes, which means increased public debt, increased tax burden on the remaining working populace, and ever-increasing burdens on an already over-burdened system.

All this is econ 101, and a basic knowledge of demographics. Funny that the leadership in these countries never studied...


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