In the depths of the Great Depression in 1935, acting Commonwealth treasurer Richard Casey released a 19-page report about Australia’s “Vital Drift” in population structure.
What I find interesting about looking at historical reports like this is how economic debates have remained essentially unchanged despite nearly a century of experience.
Ageing is one of those fears that circulate endlessly in our collective conscience. It’s a concern that just feels right (like concerns about the federal debt).
I too have been sucked in at times. But I now see it is no big deal, like most such fears.
You call that ageing?
Imagine if just 6.5%
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