Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

average people clearly understand that a growing population is not to their economic benefit.

Politics

Paul Ryan Just Proved He is Clueless about Everything

So Ryan wants to increase the population at a time when the number of jobs is falling, and wages are stagnating, because of technological innovation. Many experts are predicting sharp declines in employment in a few years because of new technologies.

Average Americans might be smarter than Ryan, The Washington Post reported that the U.S. fertility rate hit a record low in 2016 and it’ll be lower in 2017. In an example of “Wisdom of the Crowd,” average people clearly understand that a growing population is not to their economic benefit. Unfortunately, the supposedly super-smart Speaker of the House cannot see that.

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