Prime Minister Shinzo Abe
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in
Japan
quote of the day
The biggest challenge (for the new cabinet) is tackling the country's aging population and low birthrate. I'll push ahead with reforms to create a social security system reassuring everyone.
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8 Comments
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Maria
Is it going to be as successful as your plans for reforms to improve working conditions and opportunities for women, childcare, and paternity leave?
Aly Rustom
more hot air from a PM who does little else but "pledge"
Mizu no Oto
We need to get those 70,000 Centenarians back into the work force!
BertieWooster
Abe! Please don't bother. You've done enough damage already!
gokai_wo_maneku
The biggest problem is the birth rate. If this problem is not addressed first and fast, nothing else matters.
Tokyo-Engr
Reckless: I agree on retirement age. On the other hand the system is already progressively taxed when calculating withholding.
The math says that japan’s pension system will go broke for certain. All of these measures will only delay the inevitability of it.
My country of birth, the US is not far behind and may be in worse shape if we consider unfunded liabilities.
There is a high probability there will be another global depression within the next couple of decades.