The following chart shows the old-age to working-age population ratio of the world's leading industrialized countries: US, Japan, UK, Germany, etc.What I see is this: from 1990-2010, Japan's old-age to working-age population ratio shifted from .19 to .36. by 2030, it will be over .50.
The US from 2000 to 2010 went from .20 to .26, and by 2030 will be at .33. That is a drag on growth... but not nearly as bad as it was for Japan.
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