Tuesday, March 27, 2012


"The ‘old-age dependency ratio’ demonstrates the proportion of the population aged 65+ relative to the working-age population (15-64)."  By 2050 in the United States and China, the ratio is predicted to be about 39 percent.  Comparatively speaking, this is low: the ratio in Japan is forecast to hit 74 percent, and Korea, 77 percent (link).

A labor-baiting, poker-playing, whiskey-drinking, evil old man.

--John L. Lewis on John Nance Garner.
A savage old Nabob, with an immense fortune, a tawny complexion, a bad liver, and a worse heart.

--Thomas Babington Macaulay, discussing the men who pillaged India.
As I sat opposite the Treasury Bench, the Ministers reminded me of one of those marine landscapes not very unusual on the coasts of South America. You behold a range of exhausted volcanoes. Not a single flame flickers on a single pallid crest.
--Benjamin Disraeli on the Liberal party leadership.
O, I have ta'en
Too little care of this! Take physic, pomp;
Expose thyself to feel what wretches feel,
That thou mayst shake the superflux to them,
And show the heavens more just.

--William Shakespeare, King Lear 3, IV

1 comment:

Anonymous said...

I suspect there's an implicit forecast of doom in the age ratios. But, as we become more productive and automated, aren't fewer 'workers' required to produce what's needed? It's not 1933. We don't have the cast of Ben Hur on the factory line. We don't even need them to man the forts at Verdun.