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this post was submitted on 18 Oct 2023
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United States | News & Politics
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Industrialized countries are the ones with declining birth rates, though. South Korea, Japan, some EU contries, and the U.S. are all experiencing declining birth rates with high GDPs. And, if you buy the GDP-Quality of Life link, then they have the highest qualities of life.
So, I'm not so sure this bit is true.
GDP is a terrible measurement of quality of life, particularly with the rampant income inequality in the US. The average US citizens quality of life is significantly worse than it has been in decades.
I agree. I see little link between GDP and quality of life. Personally, I like the idea of fewer people, will never have kids, and am happy about it, so no problem with the issue here. I would, however, like to restructure the economy so it wasn't so dependent on an ever-increasing supply of young workers/consumers.