T
thomasf
Guest
What does any of that have to do with the documentary that is the topic of this thread? The movie talks about ALL of the effects of a declining population on the world, not just economic problems. And what it comes down to in terms of population, in countries with declining replacement rates, is that there are going to be more old people needing more care, and fewer workers to fill the jobs and provide a tax base for that care. The US is borderline as far as replacement rate and immigration, but countries like Russia and the European nations that have a low birth rate aren’t going to be able to keep up. And not all of those countries are countries that people are looking to immigrate to. And from a christian standpoint, many of those countries are getting mulsim immigrants that are filling in where christians aren’t reproducing.I guess we owe it to the doom & gloom crowd to explain the issue. Economic=trade so more more trade equal more economic activity. Historical economic growth is achieved through two methods one is population growth, the other is productivity growth. When population growth occurs more people live at the same standard of living. So there is growth which benefits no individual (except the government). However when productivity increases the individual trades more, and thus the standard of living increases for the individual. So we can clearly see productivity increases are the desired method of economic growth. Throughout human history our best understanding is we have had 90% population driven economic growth and 10% productivity driven economic growth. In the next 100 years that will probably change. Our children will have higher standards of living than we can imagine while watching population decline or stabilize.
So what is the issue in your film; well it is the government promise to have the unborn pay for the vacation (junket). A child born today owes about $40,000 to the US government. In 30 years that may well be $500,000 or even a $1,000,000. So will that collapse the system, not necessarily. Today people stream in from the south to assume citizenship and debt, maybe in 2040 people will stream out to avoid citizenship and debt? Additionally who owes who the money? Well it turns out the government administration owes the money to the government social security. If that is confusing I’ll explain it. Each American worker is overpaying into the social security so upon their death the overpayment which forfeited to the government actually eliminates a piece of the debt. Now your questions are about cash flow. And cash flow will be handled as always by taxation (of all people to include retires) and borrowing.
Hope that helps
I heard an interview with one of the people behind this movie on Al Kresta and it was very interesting. It is amazing to me how fast the population thing can turn around. There is going to be a backlash from the effects of the pill and contraception and abortion in general because of this stuff. The next 20 or so years are going to be a very interesting time in this country as the boomers start retire and to die off. The service sector is going to take off.