Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (72258)	1/29/2010 10:20:35 PM
From: Night Trader	Read Replies (1) of 74559

You hear this a lot but I wonder if this is as good news as is usually portrayed. With the US native born pop fairly stable most growth is due to immigration and their children and many of them of course however hard working they are have low education and English ability and low motivation to learn the new skills of the 21st century. Not only that increased population pushes up prices for housing, commodities etc, crowds the roads and in other ways drains resources from the economy. This is quite apart from the quality of life aspects. In any case having a social welfare plan run like a pyramid scheme hardly seems sustainable. In the long run it seems to me it's best to have neither a rapidly shrinking society like Japan or Russia or an expanding indefinitly one like the US but one that's fairly stable as in France or the UK.

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