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I’m completely drawing a blank as to why people having fewer children would be a bad thing for anyone, aside from the Idiocracy scenario. I can think of all kin
by mwfunk 7y ago
I’m completely drawing a blank as to why people having fewer children would be a bad thing for anyone, aside from the Idiocracy scenario. I can think of all kinds of reasons why it would be a good or neutral thing, but I can’t think of any downsides.
- magduf 7y agoWhen there's more retirees and elderly people than younger workers to support them, how do you think our economic systems are going to survive?
- hedora 7y agoAutomation continues to reduce the fraction of people that need to work. Also, we won’t need nearly as much new construction, which frees up a ton of workers. I don’t think an aging population is likely to lead to labor shortages any time soon, at least in the US.
- rpiguy 7y agoNo one is talking about a labor shortage! The problem is a consumer shortage. Automation only makes it worse. Aging population with a shrinking population means less people to buy goods. Automation means less people employed. This is bad for growth. Economic expansion requires increases in production and consumption.
- masonic 7y agoBy keeping older adults working and stopping age discrimination.