Article

2007-07-15 Europe

Europe's plunging birth rate 'will lead to pensions crisis'

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Posted by lotp 2007-07-15 00:00|| || Front Page|| [10 views ] Top

#1 Undocumented citizens and the ~~ignoring~~ lifting of discriminatory, racist immigration policies are the key! When will Europe finally awaken.

Posted by Besoeker 2007-07-15 03:26|| 2007-07-15 03:26|| Front Page Top

#2 Don't worry! Fecund Muslims will fill the gap. They're the only ones having children in Europe these days.
Of course, they might vote to discontinue pensions to infidels. But them's the breaks, ladies!

Posted by gromky 2007-07-15 06:59|| 2007-07-15 06:59|| Front Page Top

#3 No problem, in the name of greater ~~Marxism~~ socialism, they'll just make the younger generation tax ~~slaves~~ serfs. The bureaucrats just need to get efficient about getting that 20 percent unemployment down first. It's one thing to ~~steal~~ burden the productive income of those "can do" in the name of the ~~children~~ ~~elderly~~ ~~civil servants~~ common good, aka "it takes a village", but not a good idea while those layabout "won't do" are so numerous about them. Tends to upset the usually complicit serfs.

Posted by Procopius2k 2007-07-15 08:54|| 2007-07-15 08:54|| Front Page Top

#4 Europe's plunging birth rate 'will ~~lead to pensions crisis'~~reveal it's a ponzi scheme

Posted by Bright Pebbles 2007-07-15 11:19|| 2007-07-15 11:19|| Front Page Top

#5 Economicially you have to treat "social"ism as a debt. Signing cheques your own children will pay for in their future.

Posted by Bright Pebbles 2007-07-15 11:21|| 2007-07-15 11:21|| Front Page Top

#6 1. Social Security and similiar systems are an intergenerational wealth redistribution system (i.e. socialist Ponzi scheme)

2. Demography is destiny. With shrinking native populations the Euros are forced to fill the gap with immigrants, and not only are they poor at assimilating them but their traditional cultures were already deteriorating from the unrelenting assaults of the Left. Many of these nations will be alien and entirely unrecognizable within a few years.

Posted by Grumenk Philalzabod0723 2007-07-15 14:13|| 2007-07-15 14:13|| Front Page Top

#7 Yeah, Grumenk, Social Security is a Ponzi scheme or a "pyramid" scheme if you will. One reason I suspect Bush thinks it's "right for America" to give amnesty to 12 million illegal aliens from Mexico is so we can keep getting more people into the bottom of the pyramid to keep it from collapsing. I think a better solution would be if Congress would get over thinking that Social Security is some kind of sacred cow and phase it out. Of course, I still hope to get mine from it!

Posted by Elmereter Hupash6222 2007-07-15 19:40|| 2007-07-15 19:40|| Front Page Top

#8 I'm forty-six, and I don't expect to see a penny from Social Security, nor does anyone I know. I look at it as a way to support the older generations in some small comfort, but I just hope we've saved enough out of Mr. Wife's salary and investments to keep me until I die at 120 (my mother's family tends toward long, long lives). Despite President Bush's proposed privatization scheme not passing, the increased availability of IRAs and 401-Ks has meant the de facto privatization of retirement funds since the 1980s. I know the numbers are floating around out there, but I don't believe the economists count those funds as savings. Were they to do so, Americans' savings rate would show a dramatic increase over the past two decades.

Posted by trailing wife 2007-07-15 22:25|| 2007-07-15 22:25|| Front Page Top

#9 Good Point TW But the chattering class desires to have the scare of the low savings rate to prop up the 'need' for government.

also, Social Security's payout is so low that unless you have an additional retirement supplement you WILL take a major hit in your standard of living.

Posted by Abu do you love 2007-07-15 22:36|| 2007-07-15 22:36|| Front Page Top

#10 Europe's got it all worked out - radical Islamists will murder the aging retirees thus reducing the EU government's pension obligation. Also, reduces their carbon footprint. Next on the agenda - soylent green.

Posted by DMFD 2007-07-15 22:37|| 2007-07-15 22:37|| Front Page Top

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