In reply to:

This is because of the huge, aging baby boomers withdrawing their spending power from the economic marketplace.


Don’t you think globalization would compensate for a shrinking US economic base?

In reply to:

we'll need all the (legal) immigrants we can get to expand the economic base. It’s unlikely the population will expand sufficiently to prevent the depression, though.


I wouldn’t be so sure; Central Americans do know how to multiply quickly...


The sailor does not pray for wind, he learns to sail. --Lindborg