roaminblue
Well-Known Member
- Joined
- 27 Apr 2008
- Messages
- 2,991
hilts said:It is a vicious circle though, we have had the argument before that mass immigration is required as we have an ageing population and immigration in itself leads to ecomomic growth, put immigrants age and require pensions and obviously nhs schools housing needs much more funding
Do the worlds highest populated countries cope better than the others? i wouldn't have said so
It is a vicious cycle, you are correct. You are right, immigration do require penisons in the future, and will require NHS (although statistically the net immigrant is younger, and takes less out of the healthcare system than the indigenous) - but lets, for one second assume that function follows form, and that those in the future do take out the NHS and the pension system at a future date. However, at least for, the time being, we have one side of the book balanced. That is, for the immediate term with increased population, we will have liabilities covered for a certain amount of time. Whereas a decrease in immigration is going to drive down the assets, while liabilities are increasing. With immigration, we may at least be able to drive up the assets.
But thats a short-term solution, of course.
As for your second point, it depends how you look at it. China has a huge population, in a decade and a half they will have overtaken the US as the biggest economy in the world; INdia, also, will soon be in 3rd place, even nigeria (by 2050) is estimated to be in the g20, whereas UK will be sliding further down the scale.
Also, the world has never, historically seen anything like the growth (measured in terms of GDP) as we have experienced in the last several decades; further, we have never had such good medical care.
What we are going to experience now is moving into completely unprecedented territories.
The only way I can see this situation being solved is a regional political union (as I alluded to above) where more people pay taxes - this includes countries with low birth rates and high birth rates. This means the tax purse is weighted equally across all nations, freedom of movement and immigration won't matter because the tax is centralised, the cost is also centralised.
Or, (and I think this is more likely) a huge downsizing in the state, private healthcare, private pensions, private education. THe state cannot afford it, so it will be left to businesses. Businesses who provide to those who can afford it, maybe some businesses will implement a model such as akerloffs baseline, whereby the rich still subsise the poor, but it will be done on a for-profit basis, ensuring a government doesn't have the financial burden itself.