Declining pop
impactnow
8/27/2011 12:44:08 AM
Great points about the aging demographic of the world, we are entering an unprecedented time when people with children will be a minority. This weighs heavily on the future of the nation. Unfortunately, the decline in fertility is not reversible because it is not a fact of medicine but a fact of economics and the society in which we live. Having children often limits the careers of many women and the cost of raising a family is so significant with college expenses etc. it is becoming largely unaffordable to have big families. Furthermore, our society does not embrace the family, corporations and society are not interested in the well being of families and it weighs on individual s with families who are often forced to make difficult sacrifices. We no longer have the family support that past generations had and the responsibility level will continue to impact our economy in the future.
yes, demographics is important, But won't that big population bubble of aging Americans actually drive demand for products and services in the next few decades -- thereby providing jobs, economic growth and potential success for many Gen X and Gen Y'ers?
Re: The notorious Phil Gramm may be right
back2basicz
8/25/2011 6:27:07 AM
Value,
I am with you on this entirely....
Just blame anybody but ourselves for the predicament we find ourselves in.
What happened to taking responsibility for our actions??? And setting the agenda for our lives???
People seem to have forgotten the basics of how to get ahead in life.
Its time to remind them again.
Regards
Ashish.
The notorious Phil Gramm may be right
Value Hiker
8/24/2011 11:43:59 PM
"We have sort of become a nation of whiners. You just hear this constant whining, complaining about a loss ..."
To all -- I'm being a bit tongue-and-cheek about "blaming" anybody. My point is that population statistics can have a big effect on the economy. Obviously you can't blame a whole generation.
But we should look at this issue because demographics will be a problem going forward.
ProfR-- I think you are right immigration is a great opportunity and it has always been a source of strength and growth for the United States, unlike, say, Japan which has no land and no immigration.
I've always wondered why immigration is frequently looked at as a negative politically when it could be used to help fix our problems.
H1-B visas anyone?
--Scott
Yes, you're right. Go ahead and blame the boomers. But if you do, ask yourself this: Would they have made better choices if they weren't so busy rearing their children (Gen X and Y) and taking care of their parents (pre-boomers)? Maybe they were just too tired to do the right thing.
Re: Go for it
ProfR
8/24/2011 8:03:01 AM
Interesting study. I shutter to say this but is one way to fix this aging population thru more immigration? I know there are 2 sides to this argument but generally immigrate populations are younger and often have more children.
Re: Go for it
tokyogai
8/24/2011 7:56:07 AM
We have become a blame society and need to blame someone. How about going out and doing something to imrpove the situation? No, it is easier to find someone to blame.
Re: Go for it
Jacob
8/24/2011 2:18:48 AM
“Here's a population profile of the United States, estimated for 2010. The biggest "bubble" in population is ages 45 to 59 “
The population for age range from 15 to 29 is at par with 45 to 59. That means by population wise the younger generation can contribute to the US economy. Country has still a good strength in that age category. In most of the other countries, the graph is more or less like a ramp, where youngsters are very less when compare with peoples of 60+.
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