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

It can. The population of native born workers has been declining for a while and subsidized by mass immigration. Congress has been pro business on this by importing millions of immigrants to meet the production needs of businesses while keeping wages low and inflating demand for housing.