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demography for dollars

The grotesque consequences of 'puppy-farming' humans for profit

The Australian Financial Review seems these days only to speak for the corporate land speculators and financiers. Bugger small or medium business which must pay the cost of mass immigration in high rents and reduced profit margins, making its products globally uncompetitive and underpinning the very high rate of business failure in Australia. Predictably, in its support of corporate business interests, the AFR is again trotting out the 'mass immigration keeps us young line' again. (See Jacob Greber,"Immigration supports ageing population, RBA says." June 19, 2018.) If we were to apply logic, however, immigration keeps us older. It's not just because, when immigrants arrive, they are always older than Australians who are born here, aged zero - although that is true. The fact is that Australia never had a big problem with an aging population and what problem anyone has with 'aging populations' is self-solving, through death - as long as we do not keep artificially adding new people. Even in Europe, the baby-boomer bump will pass away around 2050, giving Europe a more natural demographic. If you want to see real aging population problems before they happen in Australia, consider the 'developing world' as its swollen youth cohort ages.

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