How Do We Grow Our Economy?

[Toronado3800]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

First, we grow smarter, not just larger. Today, and in times past, we depended on the new generation for the ideas and new work. The idea of continued education is something that I have seen developing in my lifetime.

At the beginning of my life, the tools for this simply were not there. Small towns, and even larger towns could not afford the libraries and institutions of learning that would have been required to continue the education of the population. However, at the end of WW2, the GI Bill gave hundreds of thousands of Americans the chance at higher education that they would not have had otherwise. And our nation benefited greatly

Apparently you believe there was no economic growth or technical advances before WW II. That right there is enough to dismiss your opinions on the subject.

I question our economic policies in the 1920's, the firse peaceful decade after the closing the the frontier.

IMO the 1800's were a strange period where our economy was really more based on exoloiting military victories and plunder. Soo much new land and even what we "bought" we had to use the military to clear. Sooo much of a welfare/subsidized program to populate it before the natives could organize or be pitied. Then that embarassing Texas thing. Then that Roman like civil war.

Big government century 1800-1900.

 

[BreezeWood]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Economic growth, for the greatest part, is due to growth in population.


if divvying up the pie is the issue it should be easier per resources with a stable population, growth takes care of itself and is not dependent on an expanding population.

 

[Oddball]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Economic growth, for the greatest part, is due to growth in population.


if divvying up the pie is the issue it should be easier per resources with a stable population, growth takes care of itself and is not dependent on an expanding population.

Behind every central controller beats the heart of a eugenicist.

 

[Sallow]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Your "divvy up the pie" remark belies you.

You are a parasite....You deserve no more attention than a leech, upon which I pour some salt.

Guess he ain't driving one of those V-8 Interceptors, eh?

 

[CrusaderFrank]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Krugman and Pelosi say that food stamps and unemployment grow the Obama economy

 

[Sallow]

Your "divvy up the pie" remark belies you.

You are a parasite....You deserve no more attention than a leech, upon which I pour some salt.

Try living in reality and not your silly ideology for two freakin' seconds for a change.

Basic economics has no ideology.

Saying that there is a "pie" presumes that wealth is finite and there should be someone, automatically presumed smarter than everyone else, doing the "divvying"...This flies in the face of even Keynesian voodoo economics.

That's the reality, Scooter.

One of the few rare and smart posts by you..

 

[BreezeWood]

Try living in reality and not your silly ideology for two freakin' seconds for a change.

Basic economics has no ideology.

Saying that there is a "pie" presumes that wealth is finite and there should be someone, automatically presumed smarter than everyone else, doing the "divvying"...This flies in the face of even Keynesian voodoo economics.

That's the reality, Scooter.

One of the few rare and smart posts by you..

Saying that there is a "pie" presumes that wealth is finite ....


isn't wealth ='s $$$ - or do the wealthy print their own money ? or in Oddball's case dig for "more" gold, that is infinite.

 

[Mr. Shaman]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Stop channeling so much money to the government and let it work in the private sector.

Yeah......that worked, so well......

....2001 thru 2008.

​

 

[Mr. Shaman]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Persons under 18 years, percent, 2011 23.7%
It was 25.6% in 1990 according to the Population Reference Bureau.

Could it be the USA has murdered 50 million potential tax payers so a majority of people could have less then 1 hour of sexual gratification?

Every prosperous nation experiences a decline in birth rates.

.....And, now.....despite "conservative" protestations.....

....we're doing it MORE-ACCURATELY!!!

 

[Mr. Shaman]

First, we grow smarter, not just larger. Today, and in times past, we depended on the new generation for the ideas and new work. The idea of continued education is something that I have seen developing in my lifetime.

At the beginning of my life, the tools for this simply were not there. Small towns, and even larger towns could not afford the libraries and institutions of learning that would have been required to continue the education of the population. However, at the end of WW2, the GI Bill gave hundreds of thousands of Americans the chance at higher education that they would not have had otherwise. And our nation benefited greatly

Apparently you believe there was no economic growth or technical advances before WW II. That right there is enough to dismiss your opinions on the subject.

I question our economic policies in the 1920's, the firse peaceful decade after the closing the the frontier.

Ah, yes.....those good-ol-days o' less government-interference!!!!


[ame=http://www.youtube.com/watch?v=w6whSWn1RRM]Great Depression - YouTube[/ame]​

 

[Erand7899]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Economic growth has little to do with population growth. Economic growth it the process of creating wealth by adding value to what we already have. The more efficient and effective we are at doing so determines how much growth we get.

That is the reason that government spending does little to stimulate economic growth. It does not add value to much of anything. Although distributing the wealth created is a necessary process of any economy, that process contributes little to creation of wealth.

 

[Flopper]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

These are the 10 countries with the lowest birth rates and their GDP for last 5 years. There isn't a clear relationship between birth rates and economic growth. IMHO, birth rates change gradually over a number of years and the economy adjust accordingly.

GDP Growth Rate from 2008-2012
Taiwan 4.9%
Slovenia -
Austria 2.7%
Czech Republic 1.9%
Korea, South 3.6%
Japan -.7%
Germany 3.0%
Saint Pierre and Miquelon -
Singapore 4.8%
Hong Kong 4.9%
Monaco 5.6%

US GDP = 1.7%

 

[percysunshine]

e·con·o·my
[ih-kon-uh-mee] Show IPA noun, plural e·con·o·mies, adjective, adverb

noun
1.
thrifty management; frugality in the expenditure or consumption of money, materials, etc.

 

[Flopper]

Whenever we want to increase our population, we can change our immigration policies. People from both developed and undeveloped countries find the US a very desirable place to live. Our policies and our attitude toward immigration discourages it but that can change.

 

[percysunshine]

Is it like some wild stretch of the imagination to the liberal mind that the government is a consumer of goods and services...competing with all the other consumers...

This is not rocket science.

 

[auditor0007]

When the OP mentions divvy up the pie.. it shows there is no real interest in growth.. just redistribution...

You really are missing the point of the question. If we have zero population growth, how does that affect our economic growth? Does economic growth come to a standstill without growth in population, and if not, where does it come from. Do not assume growth in outside markets either, just concentrate your answer on the model.

 

[auditor0007]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Economic growth, for the greatest part, is due to growth in population.


if divvying up the pie is the issue it should be easier per resources with a stable population, growth takes care of itself and is not dependent on an expanding population.

I'm not suggesting that there should be some systemic divvying up of things. I want to know how we create new opportunities with zero population growth. Think of it this way; you want to open up a restaurant, and you would really like to open a chain of restaurants all over the country. The problem is that there are already plenty of restaurants and only so many people to eat at those restaurants. If your restaurant is successful, it will be so at the expense of another as more and more restaurants cannot all survive and be successful without more people to eat at all those restaurants. So your success comes at the expense of another, and there is no actual growth in the real economy due to your success.

Now the argument can be made that we can increase the standard of living for everyone by creating new technologies, but the fact is that with a steady population, you will only need so many CEO's, so many doctors, so many lawyers, so many janitors, so many restaurant workers, etc...

If at this point, you actually understand the question, then you should also understand that economic growth will be difficult to come by under such a scenario, and it will leave little if no opportunity for personal economic growth for many.

 

[The Rabbi]

When the OP mentions divvy up the pie.. it shows there is no real interest in growth.. just redistribution...

You really are missing the point of the question. If we have zero population growth, how does that affect our economic growth? Does economic growth come to a standstill without growth in population, and if not, where does it come from. Do not assume growth in outside markets either, just concentrate your answer on the model.

IOW ignore reality and buy into my fantasy.

No thanks.
We know what doesnt work. Heavy regulation, heavy taxation, bad immigration policies, heavy handed gov't intervention in picking winners and losers--IOW everything Obama has been doing for the past 4 years and promises to keep doing.

 

[The Rabbi]

How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?

Economic growth, for the greatest part, is due to growth in population.


if divvying up the pie is the issue it should be easier per resources with a stable population, growth takes care of itself and is not dependent on an expanding population.

I'm not suggesting that there should be some systemic divvying up of things. I want to know how we create new opportunities with zero population growth. Think of it this way; you want to open up a restaurant, and you would really like to open a chain of restaurants all over the country. The problem is that there are already plenty of restaurants and only so many people to eat at those restaurants. If your restaurant is successful, it will be so at the expense of another as more and more restaurants cannot all survive and be successful without more people to eat at all those restaurants. So your success comes at the expense of another, and there is no actual growth in the real economy due to your success.

Now the argument can be made that we can increase the standard of living for everyone by creating new technologies, but the fact is that with a steady population, you will only need so many CEO's, so many doctors, so many lawyers, so many janitors, so many restaurant workers, etc...

If at this point, you actually understand the question, then you should also understand that economic growth will be difficult to come by under such a scenario, and it will leave little if no opportunity for personal economic growth for many.

Yes! Classic liberal misinformation that there is a fixed pie so one guy can become wealthy only if another guy becomes poor.
No, the other posters get it. You are the clueless one.

 

[ecinicola]

If people had money, they would spend it on things they need which in turn builds the economy up. If this spending bunch in washington gave every american citizen a lump sum of money like they did bailing out companys that failed, then the economy would start building back. Business's would hire and be making enough to give people jobs. This bunch in washington took our money and threw it away on things that would not help any of us. Now we have to pay higher taxes to pay back what this bunch threw away and gave to other countries.