Originally posted by Dauphin
What about situations where migrants come over, have no kids and then just increase the aging population problem.
I agree that economic migration is good in the short and medium term for as long as they are economically active, but does that contribution turn into a negative once they are in their retired years - or are retired people still good for the economy.
All in all it's better, but is it front loaded such that in the end there is a tail off that is detrimental to the economy?
I'm concerned about the non-intuitive factors and unknown/unknowable data.
What about situations where migrants come over, have no kids and then just increase the aging population problem.
I agree that economic migration is good in the short and medium term for as long as they are economically active, but does that contribution turn into a negative once they are in their retired years - or are retired people still good for the economy.
All in all it's better, but is it front loaded such that in the end there is a tail off that is detrimental to the economy?
I'm concerned about the non-intuitive factors and unknown/unknowable data.
Some migrants will inevitably benefit from the minimum income guaranteed through the benefit system, perhaps sufficiently to worsen the demographic problem, if taken in isolation. But in the main based on what we know about employment histories of migrants, income received in retirement will be on a contributory basis. The debate only really makes sense if you look at the impact of migration as a whole (say opening your labour market versus not) rather than picking out isolated examples.
Secondly, given the characteristics of migrants, in any case there is what you might term a demographic windfall upon opening your labour market - this is essentially the exact reverse of the the pyramid scheme that underpins any "pay as you go" pensions system.
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