America's goal of perpetual population growth is Ponzi demography

Discussion in 'Economics & Trade' started by kazenatsu, May 26, 2023.

  1. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    The Hill published an article about the controversial policy of America's population growth (which is being fueled entirely by immigration).

    America's goal of perpetual population growth is Ponzi demography, The Hill, Joseph Chamie, May 26, 2023

    In the article, reliance on continued population growth was compared to a Ponzi scheme (also known as a "Pyramid scheme), implying that it is not sustainable.

    some excerpts from the article:

    "...maintaining the same level of population growth poses a serious threat to America's future sustainability. Concerned with its serious and far-reaching consequences..."
    "Despite this, proponents of demographic growth have disregarded the widely available evidence on the consequences of population growth in both their policies and actions, and have dismissed the notion of population stabilization."

    "Some 50 years ago, when America’s population reached the 200 million mark, the U.S. Commission on Population Growth and the American Future concluded that in the long run, no substantial benefits would result from the further growth of America’s population. Moreover, the commission recommended that the gradual stabilization of the U.S. population through voluntary means would contribute significantly to America’s ability to solve its problems."

    "Economic growth, advocates claim, requires sustained population growth. In brief, they see a growing population producing more goods and services leading to higher economic growth. Calls to limit immigration in order to achieve population stabilization are strongly resisted, especially by businesses and special interest groups. Reducing the level of U.S. immigration, they often claim, is incompatible with America's history of being a nation of immigrants. But beyond that, many consider population growth essential for taxes, the labor force, politics, cultural leadership and global power. Therefore, any slowdown in the country’s demographic growth is met by political, business and economic leaders ringing alarm bells and warning of economic calamities."

    "many of those calling for increased population growth through higher fertility rates, as well as more immigration, are simply promoting Ponzi demography. The underlying strategy is to privatize the profits and socialize the economic, social and environmental costs incurred from the growth. By and large, population stabilization is viewed as 'stagnation', which suppresses economic growth for businesses and reduces job opportunities for workers. [...] On the contrary, many believe that lower fertility and smaller populations should be celebrated rather than feared, and for good reason. In addition to positive consequences for the environment and climate change, lower birth rates are frequently linked to increased education of women, greater gender equality and higher living standards."

    related thread about the issue in China:
    China has an intractable demographic problem (posted in Asia section, Apr 25, 2018 )

    related thread involving Europe:
    the problem with bringing in foreign workers to take care of the old (posted in Economics section, Nov 9, 2017 )
     
    Last edited: May 26, 2023

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