A recent report
from Bloomberg (one of the leading business news agencies) was just headlined
“Philippines Leads in Demographic Dividend of Supply of Young Workers.” The
very bullish article about the Philippines—just echoing many others that have
come out since the beginning of the current year—pointed out that the so-called
demographic dividend from a rising supply of young workers is one reason
Japan’s second-largest shipbuilder expanded in the Philippines, where workers
are on average half the age of its Japanese employees. Passing the RH Bill would literally be killing
the goose that lays the golden eggs. Already China and Thailand—still with
relatively large populations—are suffering from labor shortages because of the
rapid aging of their populations
over the last decade or so. According to Nobel prize winner George Akerlof, who
combines the study of economics and psychology, contraceptives tend to degrade
marriage and lead to more extramarital sex, more fatherless children, more
single mothers and more psychologically troubled adolescents. Harvard Director
of AIDS Prevention, Edward C. Green, once wrote that according to the best
evidence available, condoms give a false sense of security and prompt people to
be more reckless in assuming sexual risks, thus worsening the spread of the
sexually transmitted diseases. Thailand, which has the highest incidence of
AIDS-HIV in East Asia, could be cited as a testimony to this.
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