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> Population growth concerns are easily mitigated with immigration which will stay in demand until the rest of the worlds fertility rates catch up(40+ years), a
by treis 3y ago
> Population growth concerns are easily mitigated with immigration which will stay in demand until the rest of the worlds fertility rates catch up(40+ years), and the population growth concerns themselves are a reflection of an outdated (or soon to be outdated) economic model that we should probably focus on replacing or phasing out?
It's way way easier to deal with neutral/slight growth than shrinking. Like take teachers as an example. In an ideal world the demand for them is the same year in year out. Every year X of them will retire and Y new graduates will be hired. In a declining world you need 3% fewer teachers every year so when 3% retire you don't hire new ones. Multiply that across every industry and you have a youth unemployment crisis.