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The quickest way to offset weak demand is to have the government spend more money. Ideally, this spending should be in areas that provide both current and lasting benefits, like child care and education, but any spending can generate demand in the economy. But in any case, lack of demand appears to be the major problem associated with an aging society and falling population. This does not look like a major crisis. More
The post Aging Populations and Great Power Politics: the Problem is for the Elites, Not the Masses appeared first on CounterPunch.org.
This content originally appeared on CounterPunch.org and was authored by Dean Baker.