The low birth rate is a big problem because Japan, like the U.S., has a Ponzi scheme for a retirement system: future generations pay for retired previous generations through their taxes. If Japan doesn't have the young workers to support the system, it will collapse under its own weight. Social Security in the U.S. is similar, except we don't have a low birth rate and many people don't rely exclusively on SS for retirement.
Also, many Japanese people do work 12 hr days or more. To my perception, from having lived and worked there for several years, in general the Japanese work harder than we do in the U.S. If they had more natural resources, the power balance in the world would probably be very different.
Also, what's up with these racists criticizing Japan for trying to maintain their population? Perhaps they should be clamoring for population control in their own country!
2009-01-26
Japan's Birth Rate
Yet another wonderful CNN article, which I had to comment on:
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