If the US economy functioned fine 10, 20, 50, and 100 years ago, when the population was ~half the size, why can’t it withstand a population decline now?

Question

If the US economy functioned fine 10, 20, 50, and 100 years ago, when the population was ~half the size, why can’t it withstand a population decline now?

In: Economics

Answer 1

Sounds like a great idea, who bump the price of labor up a drastic amount. I’ll go shove shit if you pay me 45/hr