This quote is from a report published by the Australian Insitute of Family Studies, entitled "Measuring the value of unpaid household, caring and voluntary work of older Australians", by Matthew Gray, David de Vaus and David Stanton. This paper was presented at the 4th International Research Conference on Social Security in Antwerp, May 2003:
"Much of the unpaid work of older people provides support that would be difficult to provide using market-based services...Austalians aged over 65 years contribute almost $39 Billion [that's $27 billian U.S.] per year in unpaid caring and voluntary work [to society]."
http://www.issa.int/pdf/anvers03/topic2/2gray.pdf
Think of that the next time you mumble about how the elderly are just a drain on the economy.
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