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by rando_cal
2383 days ago
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> This population growth comes at a cost to the proletariat. More competition for jobs means downward pressure on wage growth. More consumers means upwards pressure on cost of living. This is only true if the population growth accelerates (as in: the per-year percentage goes up every year. So 3% this year, 4% the next, 5% the next, and so on). If population growth is stable at a given percentage, then so too will be the proportion of the old to the young. To give an exaggerated illustration, consider a population that doubles every day. Every day, half of the population is one day old, a quarter is two days old, an eighth is three days old, and so on. While I admit I may misunderstand the statistics, a quick look at the median age suggests that exactly the opposite is happening: The median age has been steadily rising since the 60s. While constant growth is indeed unsustainable, an overpopulation of youth does not appear to be a part of that unsustainability. (edit: formatting) |
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