Wednesday, September 9, 2015

Rush Limbaugh expresses astonishment that Germany will accept 500,000 refugees annually

Limbaugh said in the last half hour that he looked into it and discovered Germany's birthrate is so low they're happy to have the refugees as future workers.

How long will it take this doofus to figure out that our declining labor force is the result of retirees who aren't being replaced because our birthrates were also too low for too long?

The Baby Boom between 1946 and 1966 produced 83.1 million births. Unfortunately Baby Boomers produced just 72.6 million births from 1967 to 1987, a shortfall of 10.5 million or 12.6%.

What it means is there are 500,000 fewer replacements every year on average for retiring Baby Boomers, about 85% of whom more or less survive to retirement age.