@maxdancona,
maxdancona wrote:
I don't know what you mean by safety net.
http://en.wikipedia.org/wiki/Social_safety_net
For example, Ireland and Germany offer universal health care while the US and Mali don't.
Quote: A fertility rate of under 2 means that the population is decreasing. Countries with very low fertility rates and no immigration are having problems. If you have too many retirees for the number of people of working age, it causes economic problems.
Well, okay, I wasn't making the normative statement that a lower fertility rate was a "good" thing. I was making the positive statement that women's lib and assurance that the government will pick up the tab late in life lead to a lower fertility rate.
But while I'm at it, let me make a normative statement: I think a fertility rate of 1.7 would be absolutely perfect. There are too many people in the world as it is. I'm against heavy-handed population controls, but if numbers fall naturally, why fight it? (Banana Breath -- I'll address your worries about non-homogeneity in my next reply.)
Our honest-to-god labor productivity is EXPLODING right now due to automation. (That's not true according to traditional measures of the value of our production, but traditional measures undervalue the advances in the quality of our technological goods and services.) The only reason why "too many retirees" are a problem has to do with an unwillingness of the working age population to share with the retirees. Those of working-age are going to be richer because of the exploding production of things of value, despite having to share, but they don't want to share. Still, this isn't
that big a socio-political problem, since the excess numbers in the retiree population will be able to outvote the working population because of superior numbers, thus making sure at the ballot box that they continue to get their state pensions.