Busting the “Ageing Population” myth

On Tuesday, the National Population and Talent Division (NPTD) published their Population White Paper, that projects a population increase to 6.9 million by 2030. The premise of this White Paper was “to address this demographic challenge” associated with low birthrates and an ageing population.
This premise (that an ageing population is BAD) of the report is however flawed. It is increasingly accepted that an ageing population does not have any significant detrimental socioeconomic impacts.
It is deeply worrying that the Government still continues to believe that an ageing population is definitely bad, and would not even question this belief before proposing ideas to “solve” this “problem”. The Government’s solution of an ever-increasing population is also that of a vicious cycle.
“Problem”: ageing population
Solution: increase population
Result: more old people in the future (i.e. ageing population delayed)
Time to bust the myth…

 

Read more: https://www.facebook.com/notes/gordon-lee/busting-the-ageing-population-myth/10151248027453175

Shared by Jonathan Tan