Similiarly, politicians care about one thing--growth. Growth makes their jobs easy. If your population is growing, your tax base is growing, your income is growing, you don't have to make many hard choices. It's a game of kick the can down the road.
But growth for the sake of growth is a self-defeating action. While politicians care about AGGREGATE growth, what we as individuals care about is per capita growth.
While the wealthy benefit from cheap labor, the lower end of the labor pool suffers, greatly.
Similiarly, politicians care about one thing--growth. Growth makes their jobs easy. If your population is growing, your tax base is growing, your income is growing, you don't have to make many hard choices. It's a game of kick the can down the road.
But growth for the sake of growth is a self-defeating action. While politicians care about AGGREGATE growth, what we as individuals care about is per capita growth.
While the wealthy benefit from cheap labor, the lower end of the labor pool suffers, greatly.