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Population growth leads to more consumers as well as producers. Activating a "dormant" producer segment (as if stay-at-home parenting isn't producing tangible v
by organsnyder 7y ago
Population growth leads to more consumers as well as producers. Activating a "dormant" producer segment (as if stay-at-home parenting isn't producing tangible value...) leads to an increase in producers, while the number of consumers stays the same.
- anthonypasq 7y agodual income houses have more money to spend...
- jdbernard 7y agoAnd I'll point out that your parenthetical is one of the points of the article: that stay-at-home parenting is apparently extremely costly to replace. So it's a double-edged sword: you flood the supply side with new laborers while keeping the demand side static, and you increase the general cost of living because you now have to pay for childcare that you used to get for free.