A concern of mine is the slowing rate of not only overall economic growth, but more importantly the stagnation of real GDP per capita (as RGDP per capita is the primary measure of economic well-being). However, another concern of mine was how the future demographics of the US will affect economic growth, because, frankly immigrants and minorities are not as productive as whites or Asians. You may not like this fact, and you may chalk it up to racism, bigotry, or whatever else academia, the media, and politicians tell you, but in the end whites and Asians earn/produce more when measured by economics for whatever reasons may be.
Unfortunately, the larger of the two groups (whites) are projected to decline relative to the rest of the population while pretty much every other group grows. And because of this decline relative to other populations I wanted to estimate what would happen to economic growth, and thus, standards of living (measured by RGDP per capita).
mo
Captain Capitalism: Who Will Pay for Everything When the White People are Gone?
Some of this can certainly be blamed on the Great Recession. However, how much of it is also the average American white male going from this:
to this:
Not only are white's numbers going to decline, their quality and caliber has already gone to pot.
The day will come minorities will be on their own. Prepare accordingly.
Unfortunately, the larger of the two groups (whites) are projected to decline relative to the rest of the population while pretty much every other group grows. And because of this decline relative to other populations I wanted to estimate what would happen to economic growth, and thus, standards of living (measured by RGDP per capita).
mo
Captain Capitalism: Who Will Pay for Everything When the White People are Gone?
Some of this can certainly be blamed on the Great Recession. However, how much of it is also the average American white male going from this:
to this:
Not only are white's numbers going to decline, their quality and caliber has already gone to pot.
The day will come minorities will be on their own. Prepare accordingly.