http://www.guardian.co.uk/commentisfree/2009/jul/22/us-census-ageing-population

A few thoughts:

- An aging population does mean a decline in National GDP, but so what? Standards of living are driven by per capita GDP.

- The article contains an interesting fact about the US prewar life expectancy versus the minimum age for Social Security eligibility.

- I personally think the real issue with a declining population is the long-term effects on resource capacity. What happens to all the real estate, office space, and factories that were utilized by the population when it was 20% greater? Anybody seen pictures of Detroit lately....?

Labels: i'll be knowing ye, old age

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