Automation isn't at the point where you can get economic and productivity growth with a declining population. Maybe in the future this will be true, but it's no

Automation isn't at the point where you can get economic and productivity growth with a declining population. Maybe in the future this will be true, but it's not true now. Even highly automated economies will see contraction and tax base decreases. The current solution, ala the Bank of Japan, is to run huge deficits, and they are on the cutting edge of what an aging population looks like.