Baby's Still Growing!

The U.S. population is likely to pass the 300 million mark this week, growing far more robustly than developed countries in Europe and East Asia. An interesting story this morning sums up both the positive implications (our growing population means our social security system is not staring at the kind of catastrophe that is looming in Europe and Japan, where too few young people are supporting too many old people) and the negative ones (in the long-term, we're going to see even more of a natural resources crunch). There are also some interesting implications for the immigration debate; newcomers from south-of-the-border, it seems, are responsible for most of the increase and in some senses are keeping America economically afloat. Anyway, worth a look.