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.Read more