Quote:
Originally Posted by ssiguy
The current low growth rate of the US is playing out all over the Western world and has been for decades. The birth rate is well below replacement levels and this will continue to accelerate. Immigration now accounts for a staggering 80% of all population growth in Canada.
For many people in the countries effected, they are fine with this. Their countries or big cities are crowded enough for them, allowing people in who have totally different values and social norms {especially in Europe}, and as housing prices continue to rise, many think the negatives of immigration out weigh the positives.
The problem the governments have is that as the Boomers continue to retire, live longer, but with far fewer young workers to take their place, the pensions systems and healthcare costs will be untenable. Governments need these younger workers to keep the economy rolling and pay for the ever rising costs of a aging population.
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So we have a ponzi scheme in place, and you're saying the only solution is to keep growing so the scheme can continue? Even if we were to surge in growth, wouldn't this same problem exist a generation or two down the line? You can't grow forever, and it's not healthy or realistic to think you can.
There are alternatives between perpetual growth and economic collapse, you know. How about taxing people like Jeff Bezos, who is on track to become a fucking trillionaire, to pay for the ever rising costs of an aging population?