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Author Archive

Bring on the baby boom – Are you kidding me?

This opinion piece in USA Today really gave me pause. Author Laura Vanderkam celebrates the fact that U.S. fertility rate rose 22% from 1976 to 2007. And she suggests increasing it even further is a worthy goal. I’m not kidding. Here is her rationale:

Between bank bailouts and the stimulus package, it’s no secret that our government is spending like a megafamily at the grocery store. But both of these pale next to the looming problems of Social Security and Medicare. With fewer workers supporting an aging population, Social Security, for instance, will exhaust its trust fund about 2041.

A higher birthrate could ease that. The youngest Boomers won’t retire until 2030 or so,when children born today enter the workforce. A baby bulge over the next few years could push off the day of reckoning, and the economic growth a rising population causes will shrink our debt to a more manageable percentage of GDP. . . .

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Happy Triage Day

Since today is Earth Day it seems fitting to write something about the event and our efforts to Save the Planet. Personally, I don’t see anything wrong with wanting to save the planet, though apparently many self-centered human beings do. So, even more fitting, on Earth Day, is a humorous yet deadly serious Earth Day essay by Joseph Romm. Please spend 8 minutes of your Earth Day reading his commentary. Then let me know what you think. Then, let’s get back to saving the planet, for it is the only way to save ourselves!

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Growth No Longer Creates Community Prosperity

Physical expansion & population growth are costly

I owe you an election report on my recent city council run in my hometown of Colorado Springs. I wasn’t sure the citizens were ready to embrace a modern, sustainable economic model that recognizes perpetual growth is impossible. But I thought I might get traction from the fact that growth is no longer profitable. My city, like most, and like our entire nation, is in a state of crisis. Our tax revenue is down thanks to the collapse of the housing and consumption bubbles.

As I feared, current leaders believe we just need to rev up the growth engine to solve this problem (their faith in growth everlasting prevents them from seeing that our growth boom of the past two decades created more problems than it solved). It created costs faster than revenues. And it didn’t exactly do wonders for our quality of life. I wanted to offer an alternative to re-inflating the housing bubble, a smarter, more sustainable long-term solution. . . .

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What if Growth Isn’t Possible? See the cartoon!

Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist
– Kenneth Boulding

This week, world leaders, politicians, pundits and a solid majority of the population continue a global vigil – praying the world’s economies will return to robust growth. We hold our breath with the release of each new economic indicator – job creation, consumer confidence, retail sales, new home starts.

this week, if you find yourself cheering a return to growth, you may be inadvertently celebrating our acceleration toward an ecological cliff edge
– Andrew Simms, Policy Director and Head of Climate Change and Energy New Economics Foundation . . .

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Hooked on a system that no longer serves

The economic crisis continues to dominate the news and is a common topic in holiday party chatter. CNN calls it “Issue #1.” As a documenter of growth mania, I find this crisis an irresistible and fascinating opportunity.

Step back as I do, and take a detached, thoughtful look at our behavior. Ponder the following questions, and then ask a few of these while chatting with friends at your next holiday party. Let me know the reactions.

outlookdarkenssmall1

If we were designing a global system to meet our basic needs and provide opportunities for happiness and fulfillment, would we choose a model that only works if we need/want/make/sell/buy more automobiles this year than last, a system that falls apart if our needs have been met? . . .

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