Message 5 of 6 (810971)
06-03-2017 12:23 PM
Look at China, South Korea, and Japan (3 nations tryingn to encourage more births
China is literally paying couples to have more children and has been for awhile.
In 2000, there were 18.5 million 18 year olds entering the workforce. The number of 18 year olds entering the workforce, as opposed to going to college, fell to 10.5 million.
By 2020, the number will fall to 7 million in a nation that will cross 1.4 billion people by then.
Many big job businesses are already starting to leave China for Africa, and I just read about the moves to Ethiopia.
The latest population projections have the island nation dropping to 80 million people in 2060. See June 3, 2017 New York Times for shocking article in Business section.
The population has peaked at 50 million people, and the 1.2 birth rate per female means that the nation will loose a good many millions by 2050.
I'm never going to complain too much when nations totaling nearly 1.6 billion people are collectively going to remain at around the same amount by 2050, but it is something that hasn't sunk in HERE in the United States.
I am amazed how many people that I talk to who still think that South Korea is a nation much poorer than the United States.
China is a very difficult nation to understand and especially economically.
The population issues combined with economics are really really really really something to watch with interest.
Immigrants finally getting brought into Japan and South Korea ( in significant numbers ) ? NOT YET!
Necessary for sure.
Necessity will be the mother of increased immigration as a matter of sound and, frankly, required policy.
We better take notice.
Americans better take notes.
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