Quote:
Originally Posted by fotze2
Why can't that stay with a maintain? I don't get the math. I am probably wrong, I just don't get it. If we can just hump to maintain or just below and limit immigration to make up the gap. Just seems we are just shovelling humans into this city to benefit RNDSQR and Brookfield development companies and city councillors that all move to these companies after they got their pensions.
I just can't wrap my head around growth with no discernible benefit to most.
I've worked for so many oil companies and the pursuit to grow has cratered every single one of them. Worst investment ever, all of them. Apache, Pengrowth, Penn West, my current one and a few others. We are just pissing our money away on dumb crap to grow because people at the top want to get rich and let others hold the bag when they Bugs Bunny running away. All of them the same thing. Growth. Every company other than CNRL, Tourmaline, Mike Rose, ARC is a crap investment because of the pursuit for growth.
I'm just ranting doing work on a Saturday for a company I'd like to short.
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It costs more because you are going increase the number of retired people for each working person so sustaining the same level of service costs more. I’ve wanted to try to Napkin out the relative impact of going from the current structure to even number of people born each year but have never got around to it.
But I tend to agree that flattening growth to replacement level probably on average improves quality of life