Immigration will help but...

Professor Hoon Hian Teck, associate dean of the School of Economics at SMU, asked for the cost of spending on baby bonus packages, versus the social cost of bringing in new immigrants to be examined. Doing some projections of his own and taking into account PR numbers as well as the number of resident workers, and foreign workers, he determined that 5.5 million would be an optimum population size, taking into account the level of citizen workforce needed to pay taxes.