Tuesday, Jun 15, 2010
This could be fun
Guardian: Demographic shift will cut growth
The new government seems keen on a quick U turn here and there. The ONS figures show we need more immigration to increase the tax base. No doubt the right sort of newcomer will help prop up house prices too. Its only a matter of time - at least the new Immigration targets (minimum 1 million a year) will give the Mail plenty to moan about!!
Posted by chrisch @ 09:22 AM (436 views) Add Comment
5 Comments
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1. Anon said...
Surely a better way would be to stop parents robbing thier kids future?
2. Simon said...
Seems like every alternative is being investigated to avoid having to live within our means .
3. Sibley's Love Child said...
Perhaps we could encourage a legion of socio-economically disadvantaged young women to procreate via State subsidy? Oh, hang on.
4. Goldbug9999 said...
"The ONS figures show we need more immigration to increase the tax base"
So what happens when all these immigrants eventually grow old and cease paying tax ??. Immigration to change demographics is the ultimate pyramid scheme, but what the hell, we've tried every other sort of pyramid scheme to (as the the other poster said) avoid actually having to build a self-sustainable social and economic system, so lets give this one a go.
5. matt_the_hat said...
"The report also suggests that the swelling ranks of retired baby-boomers will eat into growth and increase the budget deficit."