Immigration

Originally posted by kellbys: ↑

Japan is an ageing population and a nation suffering from 3 decades of stagflation!

"The Lost Decade (失われた十年, Ushinawareta Jūnen) refers to a period of economic stagnation in Japan caused by the asset price bubble's collapse in late 1991. The term originally referred to the years from 1991 to 2000, but the decade from 2001 to 2010 (Lost 20 Years) and the decade from 2011 to 2020 (Lost 30 Years 失われた30年) have been included by commentators. From 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, while average real growth rate between 2000 to 2010 was about 1%, both well below other industrialized nations. Later, the 2008 Great Recession, 2011 Tōhoku earthquake and tsunami and COVID-19 pandemic in Japan has greatly impacted the Japanese economy in a negative way.Broadly impacting the entire Japanese economy, over the period of 1995 to 2007, GDP fell from $5.33 trillion to $4.36 trillion in nominal terms real wages fell around 5%, while the country experienced a stagnant price level. While there is some debate on the extent and measurement of Japan's setbacks, the economic effect of the Lost Decade is well established, and Japanese policymakers continue to grapple with its consequences."

https://en.wikipedia.org/wiki/Lost_Decade_(Japan)

Thats what a lack of immigration does to your economy!

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Did you even read what you copied and pasted from wikipedia? So I guess the massive stock market and property bubble in the 80s had nothing to do with it? Just the lack of migration according to you....

https://www.scmp.com/magazines/style/news-trends/article/3091222/japan-1980s-when-tokyos-imperial-palace-was-worth-more

So if immigration was as economically beneficial as you make it out to be Australia's immigration why is the GDP/capita only slightly above where we were 10 years ago when immigration has been turbocharged and went through a massive mining/property/GDP boom?

GDP per capita that should be the only metric people look at and Aus has been declining significantly over the past 5 years. There are more people and so any "growth" is split between more people. Also GDP includes all the land clearing of native habitats, building flammable skykennels to replace houses and building mass toll road networks as "growth" which I'm sure everyone loves and wants to see a lot more of.

I'm not at all concerned with a shrinking population from lower migration- in fact it should be encouraged. Automation and increased life expectancy over the next 20-30 years is going to mean fewer jobs so it makes perfect sense that we need less people to support