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URL:  http://boards.fool.com/from-a-population-size-standpoint-this-is-a-27433046.aspx

Subject:  Re: OT: Man in the White Suit Date:  2/11/2009  10:16 PM
Author:  Lokicious Number:  25945 of 35365

From a population size standpoint, this is a recipe for disaster. And what's important? Cheap gas? Cheap transportation? Cheap food? A large house or apartment? We already know what "free" does to populations; it's only necessary to remember "Welfare". We don't really want to put the whole population on Welfare. Unfortunately, there are a number of examples in the world where the complete population is on welfare - mostly in the Middle-East. Productivity goes to zero, and so doe the availability of jobs. The lack of jobs and anything constructive to do is a two-pronged destructive force unless you do away with all the teenage boys.


Hedge, what are you talking about?

As a percentage of income, in this country we spend far less for food than most other places or historically, and food is produced with far less labor, because of increased productivity. The same could be said of clothing and shelter, at least if we didn't insist on spending a fortune on fashion or buying homes three times what we need. We could reduce health care costs and receive the same health care for much less if there was the political will. We have access to all kinds of information and entertainment now for much less.

The point isn't to give this away. The issue is where are jobs going to come from so people can work and buy these things. But people don't need to keep making more and more money and businesses don't need to keep making more and more money for everyone to be able to afford a lot of stuff, because increased productivity has made it cheap.
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