Re:America just had its lowest number of births in 32 years,...
by mwfunk on Wednesday May 15, 2019 @10:16AM
(#19919574)
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.
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Re:America just had its lowest number of births in 32 years,...
by magduf on Wednesday May 15, 2019 @10:34AM
(#19919773)
When there's more retirees and elderly people than younger workers to support them, how do you think our economic systems are going to survive?
Re:America just had its lowest number of births in 32 years,...
by hedora on Wednesday May 15, 2019 @10:52AM
(#19919963)
Automation 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.
Re:America just had its lowest number of births in 32 years,...
by rpiguy on Wednesday May 15, 2019 @11:07AM
(#19920111)
No 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.