September 4, 2012
Japan has the oldest population in the world, with a declining labor force and shrinking economy. Is the United States going the way of Japan?
As a matter of fact, the entire world population is rapidly aging, with Japan the oldest; one-fourth of its population is 65-plus, followed by Italy, Germany and other European nations, according to Paul Hewitt, former deputy commissioner for policy at the Social Security Administration.
Japan not only has a declining birthrate but one of the world’s most restrictive immigration policies. Nations replenish their working populations through growing birthrates and immigration.