Debt to GDP is about 67%. Very high. Don't compare it to WW2 because, after WW2, we were not looking at a big boomer population about to retire. Now, we are.
So...?
Today, the immigrant population (and its own internal growth), combined with the prospect of competing for $$$ of the South East Asian, and Latin American consumer markets could solve the problem you mention. (Provided of course, that no socialist ideology comes up with some "brilliant" tax the wealth/productivity, then idiotically hands out the proceeds to the dumb and dumber section of the population).
Witness the residential real estate market... no, it is NOT a bubble, the demand is real, the homes people are buying are "lived in" not a mere speculation driven demand.
Commercial real estate is strictly driven by capitalization rates and user demand, I am not aware of any market that is excessively building purely "on spec", indeed, industrial real estate in the Seattle area is quite soft due to Boeing relocating to Chicago after getting tired of being "milked" by the King County, and the city of Seattle bureaucracies...
"Tax that you socialist pigs" -LOL !
When will socialists learn that excessive and unsound tax policies eventually drive away productive entities...?
It is as blind as the religio-zealots that still believe in a mysterious "man in the sky" who is to blame for every deed/misdeed of us humans... In the process, allowing powerful "cone-heads" (aka "popes" -ggg) to dictate to entire continents family planning policies when his own lieutenants are not supposed to have sex with the opposite sex ! --How IDIOTIC-- ROFLOL !!! They would be better off reading "Sex for Idiots" by Dr Abstinence... -lololol
But I digress...
The Hispanic population is growing at a faster rate, like rabbits on Viagra, [ah yes, and thanks to the Vatican's policies of the time of La Conquista]. So...
¿Cómo está tu Español?
Sprechts du Spanish?
Could this have the same effect of a Baby-boomer generation ? possibly, I do not know, but I am not concern about lack of growth, unless unsound taxation kills it. The opportunity is there, it simply has to be allowed to develop.
Take the socialists out of economic policies and the religio-zealots out of personal decisions...
Oh rats, I must be dreaming.... |
