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Comments by "" (@robm8809) on "Economics Help" channel.
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Yes, we can afford to look after our old people IF we stop the government and the rich siphoning billions out of the economy. We also need to stop and reverse mas-imm since it's been shown that every low-skilled newcomer costs the nation almost half a million pounds over its lifetime.
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It's recently been shown that every low-skilled newcomer costs the nation almost half a million pounds over its lifetime... A hidden cost we're all bearing while the rich get richer due to the depressing effect on wages that this has...
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It's recently been shown that every low-skilled newcomer costs the nation £465,000 over the course of its life... So the cost of legal newcomers vastly outweighs even the costs you mention. No wonder we're all getting poorer. :(
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Well said!
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Well said!
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Hear hear!
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The population will never crash while the government is importing a million people a year.
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The aging population is not a problem compared to the imminent changes in society caused by AI and automation. We don't need to import low-skilled workers for fruit-picking, for example as automated AI powered fruit picking machines are already coming on to the market. Society will need re-ordering to ensure that old people, the disabled, those unable to work for any reason are not trapped in poverty. Of course, the oligarchs, billionaires, and the ultra-rich (and their bought pollies) won't want that...
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Fact!
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In future, due to AI and automation, there will not be enough jobs, so encouraging large families or importing young workers won't help.
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