It’s damaging to a country’s social services system which are funded by labor taxes. If there are not enough people to work to make money for elderly pensions, who will pay and them and how will the elderly make ends meet? Should they just suck it up and go back to work to make ends meet? Obviously, no, there is a moral obligation that society has for the elderly, the sick, the disabled etc. so it’a important to keep the social system functioning to serve people’s needs.
Which is why so many countries are looking at immigration now, to mixed results.
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