It just seems like we could adjust our economy to compensate for a shrinking population. The answer of paying your working population more seems so much easier trying to get people to have kids they don’t want. It would also slow the population shrink by making children more affordable, but a smaller population seems far more sustainable than an ever growing one and a shrinking one seems like it should decrease suffering with the resources being less in demand.
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It’s not really a declining population exactly. It the fact that population decline (specifically when a result of low birth rates) causes there to be a disproportionately low amount of young and working age people.
Young to middle-aged people drive the economy (they produce and consume almost everything).
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