Quote:
Originally Posted by yads
Sure I agree with you that would be the case if the population wasn't growing. Or are you trying to say that most of that growth is from immigrants that are past working age? That said a ponzi scheme is by definition doomed to fail. We're not talking about a scheme where each worker needs to be replaced by 2 workers. So in the event where your ageing population is supported by less people, either taxes must be increased or benefits must be decreased. The government of Canada is starting down that path with the changes to CPP.
Which program?
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The population growth is primarily fuelled by people living longer on average. Yes there is immigration but that just barely makes up the for the birthrate at being just below replacement. The ratio of workers to retirees is getting smaller becasue the population is getting older.