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What would low population growth mean for Australia? : Comments
By Ross Elliott, published 12/10/2018Is there an obvious correlation between population growth and the economy and housing? The answer it seems is no.
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Even as we kill the economy!
Economic growth was never ever predicated on population growth but rather on demand. And demand is driven by growing the average mean income as clearly shown in numbers that don't lie!
Except for our ideologically driven politicians?
Demand is driven upward as energy prices and tax comes down. And as middlemen profit takers of all manner are driven out of the economy, be they fro the private sector or the public service provision model.
The latter easily bypassed with a direct funding model that circumvents or excludes them and their demands from any and all public service provision. And from the private sector with tax policy that punishes paper shuffling middlemen and or those lazy manufacturers who use them to run their sales delivery models.
And seen mostly as commisions for pushing products?
The Chinese model allows anyone to buy directly from the factory. And where this is the rule rather than the exception, literally halves the cost of living/doing business, while quite massively impacting positively on both demand and savings.
As well as allowing very healthy wages growth. Whereas overheated population growth (our current model) kills it and housing affordability.
Want a stronger more robust economy, minus unnecessary population growth?
Then attack and remove poverty in all its forms and guises along with the aforementioned recommendations and then just let it rip.
Given it will have no choice always providing we allow a free and fair market controlled by free, fair and fierce competition, which must, therefore, include the above and almost abandoned cooperative capitalism! Plus never ever embraced thirty-year self-terminating, government guaranteed infrastructure bonds! It's just too easy!
Alan B.