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Many argue that a decrease in human numbers would lead to a fiscal catastrophe, seeing that, in the last 200 years, unprecedented economic growth has been accompanied by an equally unprecedented increase in world population.During the 1800s and 1900s, up to half of world economic growth was likely due to population growth; Georgetown University environmental historian John Mc Neill explains: "A big part of economic growth to date consists of population growth.Developers plowed up walnut groves and vineyards to pay for services demanded by new school parents and park users.A lesson can be learned from cities like San Francisco, Portland, Seattle and San Diego, which have stable and recovering home markets, have fairly strict development codes, trying to hem in their excess sprawl.While Japan's economy has been touted as 'bad', based on its national GDP it has actually enjoyed the biggest gain in average income among the big three rich economies.GDP is 'bad' only because its population is shrinking.Even though China is only growing by 0.5% annually, it is still growing by eight million people each year.The US, with a 1% population grow rate, increases by more than 2.9 million people annually, the equivalent of almost four new San Franciscos.

Instead We should be looking at per capita GDP, which corrects for population growth.More hands, more work, more things produced."Gross Domestic Product (GDP), a measure of economic success or failure, is the number of people multiplied by per capita income.Slow population growth, and economic growth will likely slow as well unless advances in productivity and spending increase at rates high enough to make up the difference.Developers said these cities would eventually price the middle class out, and start to empty, but this hasn't happened.Instead, the free-for-all cities like Las Vegas, the Phoenix metro area, South Florida, this valley - are the most troubled, the suburban slums.We've already added 105 million people since 1970; we have a net gain of one person every 13 seconds.This housing boom was spurred by the state's broken tax system where cities were hampered by by property tax limitations and increased revenue by the easiest route: expanding urban boundaries.Only 11% of the people in this valley could afford the median home price.Through immigration and high birth rates, the United States is expected to add another 100 million people by 2050.An economic "slowdown" that results from slowing and eliminating population growth is distinctly different from that caused by a credit crunch or the messy bursting of a speculative bubble.While it's true there will be fewer mouths to feed, there will also be fewer pairs of hands needing employment.


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