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Thread: Population and Economy

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    Population and Economy

    As I watched...



    ...I recalled a parallel phenomenon.

    As the population increased, suddenly, logarithmically...



    ...so did the world economy (A Farewell to Alms by Gregory Clark)...



    So here's the question: If the population, as projected, flattens...



    What will happen with the world economy? Will it continue to rise, flatten or fall?

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    That depends, all my life during the holiday season the news was full of consumer spending drives the economy. If they spend alot during the holiday season the year is rosier.

    If you keep taking everyones employment opportunities away less and less have that kind of money to spend. Eventually they will have to rely on robots spurring consumer spending
    LETS GO BRANDON
    F Joe Biden

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    Quote Originally Posted by Common View Post
    That depends, all my life during the holiday season the news was full of consumer spending drives the economy. If they spend alot during the holiday season the year is rosier.

    If you keep taking everyones employment opportunities away less and less have that kind of money to spend. Eventually they will have to rely on robots spurring consumer spending
    OK, so if the population declines then the number of consumers declines and the economy declines.

    Jobs generally are not lost but changed. Otherwise you'd have millions starving in the streets.

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    Quote Originally Posted by Chris View Post
    OK, so if the population declines then the number of consumers declines and the economy declines.

    We have alot more unemployed then ever before, where are all these jobs
    Jobs generally are not lost but changed. Otherwise you'd have millions starving in the streets.
    LETS GO BRANDON
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    Quote Originally Posted by Chris View Post
    OK, so if the population declines then the number of consumers declines and the economy declines.


    Jobs generally are not lost but changed. Otherwise you'd have millions starving in the streets.
    We have alot more unemployed then ever before, where are all these jobs you are talking about ? Minimum wage that keeps people on govt asst. Chris weve lost im not going to quote a number because I dont know but weve lost alot of manufacturing jobs to china and customer service jobs to india and the phillipines and other places, those jobs were not replaced in the USA
    LETS GO BRANDON
    F Joe Biden

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    Quote Originally Posted by Common View Post
    We have alot more unemployed then ever before, where are all these jobs you are talking about ? Minimum wage that keeps people on govt asst. Chris weve lost im not going to quote a number because I dont know but weve lost alot of manufacturing jobs to china and customer service jobs to india and the phillipines and other places, those jobs were not replaced in the USA
    Manufacturing is down globally. The jobs are going to automation. But they are for the most replaced.

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    Quote Originally Posted by Chris View Post
    Manufacturing is down globally. The jobs are going to automation. But they are for the most replaced.
    They left american before automation, automation is relatively a new thing getting started.
    China manufacturing is doing quite well manufacturing american products to be imported back here for sale for FREE. I truly hope trump does something about that.
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    Sales were down again this black friday by about a billion, maybe in the whole scheme of things that not catastrophic but considering the downward trend its not good.


    Black Friday Sales Down More Than $1 Billion

    http://time.com/4128592/black-friday-sales-down/
    LETS GO BRANDON
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    The fact is with automation manufacturing is returning. Besides overtaxation and overregulation, it's the high cost of labor that drives companies to seek cheap labor elsewhere. Automation reverses that.

    Manufacturing is returning to the United States, but not manufacturing jobs. Companies moved their manufacturing to places with very cheap labor. The advanced automation revolution will make labor costs irrelevant, by making them nearly zero. The factory of the near future will be located in an optimum location to take advantage of its proximity to raw materials, markets, and cheap energy — the labor cost will not be a factor when almost all the work is robo-sourced; that is, done by A.I. algorithms and robots.
    @ Manufacturing Goes Where the Robots Are

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    Cool

    Blacks fleeing Chicago...
    The Real Problem with Chicago’s Shrinking Population
    May 8, 2017 - Recent Census numbers aren’t as bad as they sound—except for one major factor. Since 1980, Chicago has lost more than a quarter of its black population.
    Scaremongers have been honking at a fever pitch ever since the U.S. Census Bureau released data in March showing a second year of declining population for the Chicago area. “Depopulation is killing this city, and it’s all self-inflicted,” tweeted Dominic Lynch, a contributor to Chicagoly. Curbed Chicago posted an open thread asking readers to comment on whether they planned to bolt, too. And an op-ed in the Tribune by a guest columnist went so far as to suggest the city should annex inner-ring suburbs to boost its slumping tax base.

    Meanwhile, politicians and advocates clamored to assign blame for the decline to pet causes. Governor Bruce Rauner excoriated Democrats, of course: Taxes are too high, schools are too crummy, and politicians serve for too long, he said through a spokesperson. The nonprofit Everytown for Gun Safety attributed the drop to violence. Twitter user @jetdog asked: “Is this because President Trump says it’s a horrible place?”

    Well, not so fast. “It’s all overplayed,” says Rob Paral, a public policy analyst known as the Chicago Data Guy. “In a major city of 2.7 million people, the decline is really quite small. The sky is not falling.” This much is true: The Chicago metro area lost 19,570 people in 2016, according to Census Bureau estimates—the largest drop of any metro area in the country. And yes, it’s the second straight year of decline. But Paral reminds us that this is out of a whopping 9.5 million residents—a mere 0.2 percent dip. He calls the Chicago area a “huge chessboard” with pieces constantly moving on and off it.

    So where the headlines imply a gush, analysts see a trickle. And as for the reasons behind the drop? They’re more complicated than the knee-jerk reactions suggest. “The tax argument is really a canard,” Paral says. “Kansas has slashed taxes, and they are losing population.” And while many armchair quarterbacks rushed to blame the exodus on last year’s surge in murders, it’s too soon for people to have picked up their lives in response to that. Things get interesting—and alarming—when you look at who is leaving. “The white population is not falling, and the Latino and Asian populations are slightly growing,” says Paral. “The big factor that is altering Chicago’s population is the change among blacks.”

    MORE

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