[Sndbox] Key To Pension Reform -- Babies

[Charles]

Key To Pension Reform -- Babies David Willetts, a Conservative minister in Parliament, argues what the European pension systems need is more babies. Willietts says in a statement that when U.S. Secretary of Defense Donald Rumsfeld characterized France, Germany and Italy as "old Europe" he was right in that the population is aging. He writes in a pamphlet "Old Europe? Demographic Change and Pension Reform" that at present rates over the next 50 years, the European Union would have an extra 40 million people over age 60 and a reduction of 40 million in the number of people age 15 to 60. All because not enough children are being born.   Charles Mims http://www.the-sandbox.org

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