Outside a train station near Tokyo, hundreds of people cheer as Sohei Kamiya, head of the surging nationalist party Sanseito, criticizes Japan’s rapidly growing foreign population.
As opponents, separated by uniformed police and bodyguards, accuse him of racism, Kamiya shouts back, saying he is only talking common sense.
Sanseito, while still a minor party, made big gains in July’s parliamentary election, and Kamiya’s “Japanese First” platform of anti-globalism, anti-immigration and anti-liberalism is gaining broader traction ahead of a ruling party vote Saturday that will choose the likely next prime minister.
Well it’s also the pension system that will become hard to financially sustain. Generally you want the population to at least kind of replace itself to avoid economic upheaval.
While true, that’s an inherently unsustainable model. Pensions need to be self-sustaining, rather than relying on the next generation to pay for them. It’s ridiculous that one generation basically got a free generation and now every generation afterwards is paying the previous generation’s retirement
There’s the quantatitve thing of currency, but also simply the reality that people actually have to work to provide the things the retired people need. In this case the money issue is modeling a more intrinsic issue. With fewer young workers the retirement age has to go up to maintain a viable ratio of non-workers to workers. Yes technology and such can also help things for the better, but roughly that’s the state of things.