Crosswords8 mins ago
Ageing Population?
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I'm unable to equate the statement that we have an ageing population with the large influx of young 'foreigners' and soaring birth rates of recent years. This of us who are aged didn't arrive here yesterday so how come the government actuaries and 'experts' didn't anticipate us?
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For more on marking an answer as the "Best Answer", please visit our FAQ.It's been known logically for decades, but was far enough in the future not to worry about. In addition the postulated future was based on the assumption that economic growth would continue at 1960s rates, so caring for an aged population would be no problem, especially as lifespans were based on old patterns. That's why the pension age was 65 / 60 - it was guessed for five years of rapid decline, then death, so no massive cost to the welfare state.