Posts tagged ‘demographics’

Culture of Death in Europe

Islam is a religion, not a race, and, what is more, it is thoroughly multiracial, with all races represented in its ranks. To oppose ISIS and seek appropriate measures to prevent the spread of its influence and power is no more racist or ‘Islamophobic’ than opposition to the terrorism of the IRA in the 1970s was racist or ‘celtophobic.’ Opposition to barbarism and the terrorism it practices is a mark of civilization, not racism.

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Europeans have embraced the culture of death, contracepting themselves out of existence. Europe is not suffering from a population explosion but a population implosion. With a shrinking and aging population, unwilling to reproduce itself, immigration becomes a necessity. One cannot have a sustainable economy, still less a continually expanding economy, if the number of producers and consumers is shrinking. A culture which seeks self-gratification instead of the self-sacrifice needed to raise children is doomed to self-destruction. It has no future. It has no future for the plain and simple reason that it has no children. In this sense, it can truly be said that the future belongs to those who forsake selfishness for the selflessness of parenthood. The meek really do inherit the earth!

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As one who subscribes to–nay, as one who submits to—the Permanent Things, I would say that the “West” is not synonymous with the Permanent Things, nor do the Permanent Things depend on the survival of the “West” for their permanence. On the contrary, the “West” is dying because it has turned its back on the Permanent Things.

The Permanent Things are grounded in a reverence for God and for the Church that He established, and also in a reverence for the traditional family which is the bedrock of all healthy culture and the seed with which it plants itself into the future. When the love for God is gone and the family has been abandoned, there is no future. The secular fundamentalist “West” is decaying because it is decadent, and it is dying because it has embraced the culture of death.

What will be left when the secularist “West” is dead will be the Permanent Things. Christianity is alive and well, and thriving and growing, in Africa, Asia, China–and yes, even in resurrected embryonic form in Europe and other parts of the “West.” Europe and the “West” might be committing collective suicide, but Christendom is always new, as it is always old, because it is the Permanent Thing.

Is the West Lost Forever?

Ozymandias

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More Dead Things

If wishes were horses, beggars would ride.

The argument for abortion in the new millennium has become the argument for politically correct infanticide. Not the “bad” kind of infanticide that selects for gender or against ethnicity, but the “good” kind of American infanticide that selects against the young for the sole convenience of the old.

That’s the inconvenient truth. Pay no attention to those jars filled with baby feet.

American infanticide

Graphic language, nudity, and sex are now commonplace in movies and on cable television. At the same time, there is now almost no tolerance for casual and slangy banter in the media or the workplace. A boss who calls an employee “honey” might face accusations of fostering a hostile work environment, yet a television producer whose program shows an 18-year-old having sex does not. Many colleges offer courses on lurid themes from masturbation to prostitution, even as campus sexual-harassment suits over hurtful language are at an all-time high.
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Not since the late-19th-century juxtaposition of the Wild West with the Victorian East has popular morality been so unbridled and yet so uptight. In short, we have become a nation of promiscuous prudes.

Postmodern Prudes: In the age of relativism, popular morality hasn’t so much disappeared as become schizophrenic.

Infanticide, eugenics, political correctness, “Gentry Liberals” living in the “Acela cocoon,” hypocrisy, fascism. It’s the culture of death all the way down.

#WarOnWomen

So when we are not killing the very young, we continue to screw the young for the benefit of the old with budget deficits and public debt (i.e., deferred taxation), and expansion of unsustainable old age entitlements (public pensions, Medicare, Social Security). Don’t let your grandparents steal your money.

Progress! Onward!

Ozymandias

Unfortunately, it seems that the future Aldous Huxley predicted in 1932, in Brave New World, is arriving early. Mockery, truculence, and minimalist living are best, then enjoy the decline. However, we do need a Revolving Door Tax (RDT), learn what Members of Congress pay in taxes, and prosecute politicians and staff and their “family and friends” who profit from insider trading.

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Don’t let your grandparents steal your money.

In 1950, there were 16 workers paying payroll taxes for each retiree collecting Social Security benefits. Today, there are 3.3 workers supporting the Social Security and Medicare benefits of each retiree. In the future there will be only 2 workers paying taxes to support the benefits of each retiree.

Demographics is a bigger problem than health care costs

Stan Druckenmiller, one of the best- performing hedge fund managers of the past three decades, has a warning for the youth of America: Don’t let your grandparents steal your money.

Druckenmiller, 59, said the mushrooming costs of Social Security, Medicare and Medicaid, with unfunded liabilities as high as $211 trillion, will bankrupt the nation’s youth and pose a much greater danger than the country’s $16 trillion of debt currently being debated in Congress.

“While everybody is focusing on the here and now, there’s a much, much bigger storm that’s about to hit,” Druckenmiller said in an hour-long interview with Stephanie Ruhle on Bloomberg Television’s Market Makers. “I am not against seniors. What I am against is current seniors stealing from future seniors.”

Druckenmiller said unsustainable spending will eventually result in a crisis worse than the financial meltdown of 2008, when $29 trillion was erased from global equity markets. What’s particularly troubling, he said, is that government expenditures related to programs for the elderly rocketed in the past two decades, even before the first baby boomers, those born in 1946, started turning 65.


Continue reading ‘Don’t let your grandparents steal your money.’ »

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Baby Boom and Baby Bust

Who is going to pay all that money in to Social Security for Boomer retirement?

Alarm bells are beginning to ring in policy circles over the decline of the U.S. birth rate to a record low. If unaddressed, this could pose a vital threat the nation’s economic and demographic vitality over the next few decades.
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Yet since children are by definition the bearers of the future, knowing where new families and households are forming should be of critical interest not only to demographers, but to investors, businesses and, over time, even politicians. Demographer Wendell Cox crunched Census data for Forbes on the youth populations of the 51 largest U.S. metropolitan statistical areas. His analysis reveals sharp differences between various regions of the country, and suggests where future growth in the country may be the strongest.

The youth population expanded in 31 of the 51 metro areas from 2000 to 2010. The 10 regions that posted the strongest growth were in Texas, the Southeast and the Intermountain West. Leading the nation is Raleigh, N.C., where the number of children under 15 rose a whopping 45%, or 77,421. Texas is experiencing something of a baby boom, paced by Austin, second among America’s largest metro areas with a youth population expansion of 38%; Dallas-Ft. Worth (sixth); Houston (eighth); and San Antonio (11th).
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What do these trends mean for the future? New York has lost about as many children as Dallas-Ft. Worth has gained — a difference of a half million. The gap between increasingly childless Los Angeles and Houston is even wider, and approaches 600,000. These numbers suggest a tremendous shift in the future locations of new American households, with all that implies for retail sales, workforce growth and residential construction demand.
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Why is household formation and child-rearing so anemic in these places, which are often celebrated for being attractive to the young and dominate so many key industries? One key reason, suspects demographer Cox, is housing prices relative to incomes. This is largely due to high regulatory costs that discourage new housing supply, particularly the single-family homes preferred by most families. Housing costs relative to incomes are more than two times higher in New York or Los Angeles than in Houston, Dallas-Fort Worth, Atlanta or, for that matter, virtually all the metropolitan areas most attractive to families.

America’s Baby Boom And Baby Bust Cities

Today roughly 18.5% of the U.S. population is over 60, compared to 16.3% a decade ago; by 2020 that percentage is expected to rise to 22.2%, and by 2050 to a full 25%.

Yet the graying of America is not uniform across the country — some places are considerably older than others. The oldest metropolitan areas, according to an analysis of the 2010 census by demographer Wendell Cox, have twice as high a concentration of residents over the age of 60 as the youngest. In these areas, it’s already 2020, and some may get to 2050 aging levels decades early.

For the most part, the oldest metropolitan areas — with the exception of longtime Florida retirement havens Tampa-St. Petersburg and Miami — tend to be clustered in the old industrial regions of the country. These are regions that have suffered mightily from deindustrialization and the movement of people toward the South and West. These metro areas now make up eight of the 10 oldest among the nation’s 51 largest metropolitan statistical areas.

The oldest city in America is Pittsburgh, where 23.6% of the metro area’s population is over 60 (see the full list in the table below). The old steel capital is followed by such former robust manufacturing hubs as Buffalo (No. 3 on our list), Cleveland (fifth), and Detroit (ninth).

How did these places get so old? The biggest factor: migration deficits. More Americans have been leaving these cities than moving there, and people who move tend to be younger. Meanwhile these graying cities attract relatively few immigrants from abroad. Pittsburgh, for example, ranks 34th among the 51 biggest metro areas in net domestic migration, losing some 2% of its population to other places over the past decade. It also stands 50th in foreign immigration over the same period. Buffalo has fared even worse: it’s 40th in domestic migration and 49th in new foreign-born residents.
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More troublesome may be the labor force impacts of rapid aging, as there is a shortage of some skilled workers, both in the Rust Belt and tech centers, particularly younger ones. This reality is already causing problems in Europe, particularly in the economically devastated south, and also more prosperous East Asia, particularly Japan.

An older population, and fewer families, tend to depress economic growth, consumer demand and entrepreneurial creativity. Japan today is not only much older, but also more financially hard-pressed than in its ’80s heyday, heavily in debt and losing its once dominant position in several critical industries.

Aging America: The Cities That Are Graying The Fastest

Ozymandias

Mockery, truculence, and minimalist living are best, then enjoy the decline. We also need a Revolving Door Tax (RDT).

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