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Why we will be poorer
Asia Times Online ^ | 14 July 2011 | Spengler

Posted on 07/17/2011 7:42:56 PM PDT by Palter

No man is an island, especially in the markets. Our consumption basket includes the efforts of hundreds of millions of people around the world, and our right to consume depends on our ability to sell to hundreds of millions of people around the world. During the present century the number of adults in affluent and productive countries will shrink by about a third. All of us will be poorer.

There will be a third fewer people earnings profits for businesses, paying taxes to governments, buying homes or cars, or taking vacations. Starting around 2015 the adult population will start to decline at about 2% a year. Productivity in the industrial nations (output per worker) has grown at slightly more than 2% since 2000, according to The Conference Board, [1] so a 2% decline in working-age population suggests that output will remain more or less flat indefinitely in the developed countries.

(Excerpt) Read more at atimes.com ...


TOPICS: Business/Economy; Editorial; Foreign Affairs
KEYWORDS: default; demographics; economy; editorial; globalism; government; spengler; taxes
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1 posted on 07/17/2011 7:43:03 PM PDT by Palter
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To: Palter
In Europe, where national governments and the bureaucrats in Brussels control spending by localities, and voters have little to do with local government budgets, there is no such responsiveness. The result is a battle between Greek recipients of government largesse and German taxpayers. There is no incentive for local constituencies to throw the bums out, for it is not the tax money of the Athenians that pays municipal salaries in Athens. Europe's laggards must look deeply into the abyss before doing what US states and cities have done proactively.
2 posted on 07/17/2011 7:46:33 PM PDT by Palter (Celebrate diversity .22, .223, .25, 9mm, .32 .357, 10mm, .44, .45, .500)
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To: Palter

Sounds like a problem of people in developed countries having too few children, while turd world hellholes continue breeding like flies.


3 posted on 07/17/2011 7:47:17 PM PDT by RockinRight (If we're "teabaggers" then they're "d-baggers.")
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To: Palter

As technology advances, demand for human labor will continue to fall.


4 posted on 07/17/2011 7:48:48 PM PDT by dfwgator
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To: Palter
Because we have allowed a small group of selfish people, to send America's jobs to a huge communist country. Frankly.

5 posted on 07/17/2011 7:51:27 PM PDT by Cringing Negativism Network
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6 posted on 07/17/2011 7:55:26 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: Cringing Negativism Network

Taxation is a problem.
Regulation is a problem.
Unions are a problem.
Off-shoring jobs is a problem.

But the bottomline is that in a global economy, machines will do a lot of the productive work, and the manual input that is required will be paid at the level required to support a guy in China who receives no benefits and has a life expectancy of 50.

You cannot maintain a nice suburban American lifestyle in a world where the global economy holds sway. Sure, some people will hold on to that dream, but most Americans will live like serfs.

Fiddling with taxes, regulations, tariffs, off-shoring, or unions will not really alter the new reality. Most humans are going to live in a society in which their labor is really not valued — so how will they survive? The current answer is: Socialism and benefits from the government. What we need is a better answer than that, and so far, I really don’t think anyone has a better answer. And that totally sucks.


7 posted on 07/17/2011 8:06:45 PM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: Cringing Negativism Network

We’ve also allowed 20 million or more illegal immigrants to take jobs here.


8 posted on 07/17/2011 8:08:35 PM PDT by Williams (Honey Badger Don't Care)
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To: dfwgator

it,s already happening now...we are technically advancing ourselves out of jobs now...materials, electronics, production equipment....


9 posted on 07/17/2011 8:16:54 PM PDT by oust the louse (A fine is a tax for doing wrong. A tax is a fine for doing well.)
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To: Palter

Reduce the value of the dollar like the fed has been doing for decades.. and all of America gets poorer.. rich, poor, male, female, Queer..

UNLESS you have your assets in Gold.. or Silver..


10 posted on 07/17/2011 8:20:38 PM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole...)
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To: Cringing Negativism Network

It is all a corruption of our legal system—the principles of our Constitution have been totally undermined. It used to be illegal to do business with fascist communist governments and enrich them like we have been doing—Kissinger infiltration of Marxist ideology....We need to get back to Legal Law....and dump the irrational judges’ rulings that have turned our laws into a joke.

We used to be a nation based on “Common Sense” and because we have dumped this philosophy of Locke, Blackstone, and all the Founders of the US, we are no different than any other country. Just Law is law based on the laws of nature and God’s Laws. Laws that are not based on these principles are unequal-arbitrary law—Positivism of Austin and Mills and Bentham is incompatible with our legal system and has corrupted it. Supra-Positive Law is the highest law of the land in our US—always has been and even has been applied in Germany in the 40’s and at Birmingham Jail by MLK. There is a God—where our rights are derived—so we can not go by Marxist ideology. It is incompatible with our philosophy—every single aspect of it. Marxism creates serfs—makes slaves of the producers. They use force of government to create slavery which is no justice and no freedom and gives unjust power of a few over others.

We need to bet back to the intent of our Constitution and rid ourselves of Marxists that take oaths to a Constitution they loathe. It is a fraud and unconstitutional.

They are intentionally destroying our legal system—Just Law—to create chaos and riots and revolution. The Fabian socialists like Dewey, John Maynard Keynes, Oliver Wendell Holmes, Jr. all new to destroy us from within for we were too powerful to attack from without. They have been undermining everything in the country since before the 1930’s.

The public education system has to be dismantled to end the Marxist indoctrination of our children and the destruction of their morality. The Marxist indoctrination textbooks have to be burned....they destroy the intellect...destroy knowledge....destroy respect for law and “white men” vilify white people, vilify capitalism, and vilify the God and Christianity in particular...They elevate the dysfunctional and perverted to create a dysfunctional non-thinking mass of ACORN workers. They are useful idiots who can not run a country—or think in any coherent way. They are obamabots that need teleprompters and puppet strings so they can function and know what to think.

The Brave New World and 1984 gave us a picture of where we were headed with this centralized behemoth of a government, but we failed to see it. We are almost there.


11 posted on 07/17/2011 8:24:47 PM PDT by savagesusie (Virtue is a habit of the mind, consistent with nature and moderation and reason. Cicero)
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To: ClearCase_guy

The better answer may well be to get along without all the crap that “a nice suburban life” typically involves. The best times in my life have involved a banjo and a half pint of whiskey along with a few friends and a place to dance. I would not trade those experiences for a bass boat, tickets to a NASCAR race, a 374 inch flat screen TV with unlimited programming, and a 400 HP SUV. Nor will I try to make that trade in the future. The banjo cost $700 ten years ago and the cost of the whiskey varies, but I can afford it.

To each his own, but we all have options if we will look for them.


12 posted on 07/17/2011 8:31:14 PM PDT by tickmeister (tickmeister)
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To: RockinRight
while turd world hellholes continue breeding like flies

They should do like we do, import immigrants from the third world who will "breed like flies" in your country.

The U.S. adds one international migrant (net) every 36 seconds. Immigrants account for one in 8 U.S. residents, the highest level in more than 80 years. In 1970 it was one in 21; in 1980 it was one in 16; and in 1990 it was one in 13. In a decade, it will be one in 7, the highest level in our history. And by 2050, one in 5 residents of the U.S. will be foreign-born.

Currently, 1.6 million legal and illegal immigrants settle in the country each year; 350,000 immigrants leave each year, resulting in net immigration of 1.25 million. Since 1970, the U.S. population has increased from 203 million to 310 million, i.e., over 100 million. In the next 40 years, the population will increase by 130 million. Three-quarters of the increase in our population since 1970 and the projected increase will be the result of immigration. The U.S., the world’s third most populous nation, has the highest annual rate of population growth of any developed country in the world, i.e., 0.977% (2010 estimate), principally due to immigration.

87 percent of the 1.2 million legal immigrants entering annually are minorities as defined by the U.S. Government and almost all of the 500,000 illegal aliens are minorities. This doesn't include the 300,000 to 400,000 anchor babies born each year to illegal aliens. By 2019 half of the children 18 and under in the U.S. will be classified as minorities and by 2039, half of the residents of this country will be minorities.

We are being colonized by the third world. By 2050 one in three US residents will be Hispanic.

13 posted on 07/17/2011 8:40:33 PM PDT by kabar
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To: Palter

[Starting around 2015 the adult population will start to decline at about 2% a year. ]

That means by 2065 there will not any adults left at all!


14 posted on 07/17/2011 8:42:41 PM PDT by DaxtonBrown (HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
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To: kabar

I believe we’re the 4th most populous, after China, India and Indonesia.


15 posted on 07/17/2011 8:46:31 PM PDT by Amberdawn
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To: RockinRight

“while turd world hellholes continue breeding like flies.”

If they can’t support themselves, they can just lie down in the street and die!

I certainly don’t have any reason to feed them!


16 posted on 07/17/2011 8:50:56 PM PDT by dalereed
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To: Cringing Negativism Network

Can we not at least give this small group of selfish people who helped our jobs go overseas, a face and name? Henry Kissinger, George Mitchell and countless others. Let’s give them the credit they deserve.

And give the mainstream media credit for making it sound like such a good thing. We now have the non-pouting, mature information society, etc.


17 posted on 07/17/2011 8:57:14 PM PDT by The_Media_never_lie
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Comment #18 Removed by Moderator

To: Cringing Negativism Network

It has a lot to do with feminism and currency policy. Having children is becoming a ‘burden’ to some women and IS becoming more expensive. People use to have families of seven with one income, but the value of the money is on decline constantly were it wasn’t always.


19 posted on 07/17/2011 9:02:48 PM PDT by Rick_Michael (Have no fear "President Government" is here)
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To: ClearCase_guy

Might add abortion to that list of problems—we have killed of millions of prospective future citizens in the US alone.


20 posted on 07/17/2011 9:05:52 PM PDT by pankot
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