What’s really the downside of falling birth rates (as long as they stabilize, and they obviously will)?
In real terms as far as I can tell: young having to support more old and less competitive on the world stage. There’s not many complaints from the news about those though.
What they complain about is how wages will increase as labor supply tightens (hence the push for more and more immigration) and business profits will fall. So many Ponzi schemes will become ineffective. In other words, it’s going to be harder to be a rich person. Why should we have to sell out our culture via mass immigration to protect the rich and their market sizes?
In real terms as far as I can tell: young having to support more old and less competitive on the world stage. There’s not many complaints from the news about those though.
What they complain about is how wages will increase as labor supply tightens (hence the push for more and more immigration) and business profits will fall. So many Ponzi schemes will become ineffective. In other words, it’s going to be harder to be a rich person. Why should we have to sell out our culture via mass immigration to protect the rich and their market sizes?