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Economic advantage from slower population growth

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The news is that the US population has slowed to the lowest rate in 70 years. Why and under that condition is that good news? Maintaining an optimal relationship between population size and demographics with resources should be an economic imperative. That includes consideration for immigration policy and reform about which we hear little from Congress.

First, if you are a capitalist and believe in ever expanding markets and ever expanding growth that is predicated, in part, on ever expanding population, you may not like this news. Second, if you are aware that we have an actuarial problem with more and more people retiring and fewer people in the workforce to support them, your concern will increase.

Under the present mixed capitalist American economic paradigm, population growth rate and demographic factors combine with others that challenge the status quo. Many conservatives respond with retrenchment, trying to hold onto what they have. Adaptive and thinking persons seek a more sustainable economic paradigm.

  1. America can and must change the economic rules under which we operate.
  2. Commit to optimizing return on national resources to ensure a good life for all
  3. Commit to what Dr. John Ikerd calls “Sustainable Capitalism”
  4. Initiate an all-in renewable energy strategy that transforms the US economy away from petroleum on a fast track
  5. Catalyze American economic renewal with redesigning the way that we live and work around the new paradigm
  6. Achieve balance between the pursuit of individual wealth with social and environmental responsibility

Read this great report by Aaron Souppouris from US and World Report.

In a different report, DuPont's CEO sees opportunity in global population growth. Of course she does because she and her company are examples of corporate irresponsibility.

“US population growth slows to lowest rate in more than 70 years

By Aaron Souppouris on December 31, 2013 05:33 am

The US population grew by just 2.26 million in the twelve months leading to July 1st 2013, according to estimated figures released by the Census Bureau. That represents a 0.72 percent year-over-year increase, which the New York Times reports is the lowest rate in "over seven decades."

An aging population is to blame for the continually slowing rise — the rate been gently falling, and has been below 0.75 percent since 2011. Compared to global population growth, which is currently estimated at 1.1 percent, the US is slower, but it remains faster than much of Europe and China. The Census Bureau estimates a child will be born every 8 seconds in the US this January, while someone will die every 12 seconds.”

http://www.theverge.com/2013/12/31/5259936/us-population-growth-slows-census-bureau

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