It’s fashionable to compare the US economy to Japan’s, and yes there are some similarities.
Via Bloomberg TV just now, here’s one thing that’s very different: The young to old ratio.
Of course, a key reason Japan has so few working age citizens is its hostility to immigration, which — despite whatever you think about the DREAM act — has not been an issue here. That being said, in order for the US to realise the benefits of a younger population, it’s imperative that immigrants actually become integrated and productive, and not remain second-class economically, with poor upward mobility. If that can’t be achieved, the demographic difference is moot.
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