In 1798, Thomas Malthus predicted a global overpopulation apocalypse.
I’ve always assumed he was right. That more people meant more pollution and — ultimately — depletion of fixed resources.
But Professor Galloway argues the opposite:
- population density has no correlation with food insecurity
- the number of people older than 80 is expected to increase sixfold by 2100
- while being less productive, seniors also consume substantially more public resources
- USA already spends 40% of total tax dollars on people 65 and up
China, Japan, Germany, Italy, Greece, Portugal, and many Eastern European nations are shrinking in 2023. Researchers project the global population will peak in 2064.
Net population growth requires a fertility rate slightly greater than two births per woman. America’s fertility rate is 1.8; the average for high income countries. And dropping.
It’s increasingly difficult for young people to be able to afford to get married, buy a house, and have kids.
The obvious solution is to increase immigration of young people. Galloway feels increased immigration still won’t be enough to solve the problem.
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