1. So that’s why there’s shortages of everything - because too much supply?
2. Stagnant populatiin growth? The US population has nearly doubled since you’ve been born. It.increases greatly every year.
3. Negative productivity = decreased supply.
FR - where generally smart people create the dumbest posts imaginable.
2. U.S. population growth is at its lowest rate in decades, and that’s even with a massive flood of illegal immigration. Our population growth is driven mainly by longer life expectancy. There are more Americans over the age of 80 today than under the age of 2. That’s hardly a reason to be optimistic about long-term growth.
3. See previous comment about industrial capacity. Productive PER WORKER has grown exponentially, and continues to do so. It’s the productivity PER PERSON that’s declining. The productivity of the highly efficient U.S. worker is being offset by a growing mass of non-productive citizens — including retirees, criminals, and various assorted unemployable misfits — that reduces the overall purchasing power in our economy.
P.S. — Item #3 above explains why this economy must inevitably be propped up through massive government spending … because the only way to keep the demand for products and services strong enough to support all these industries is to make the shrinking class of productive workers not only buy their own things, but buy more and more sh!t for the others. Hence the introduction of things like school lunches, Section 8 housing, Obamaphones, etc.
Maybe you’d like to reconsider your last statement?
In 2019 - before COVID - the fertility rate for all USA women actually dropped below the replacement rate for the first time since the Great Depression.
The only reason the USA population grew in 2019 (and probably 2020) was because of immigration.
Native born USA women have been below replacement rate for many years.
In 2019 - which had a very strong economy - foreign born USA women were below the replacement rate for the first time since records have been kept.