auditor0007
Gold Member
I have no doubt America will get itself out of this mess. Economies grow because of increases in productivity (as well as population growth). To assume that the economy cannot recover is to assume that the ingenuity and resourcefulness of the American people is at an end. Since the American economy has gone through far worse - the Civil War, the 1873 Depression, the 1929 Depression, WWII - the economy will recover from this as well.
It will recover eventually. The real queston is how long is eventually? I have a question for you Toro. At some point, somewhere down the road, population increase will have to stop. There is a limit to how many people this country and this planet can support. Considering that economic growth has always been driven by populaton growth, what do you see happening once population growth is no longer part of the equation?