The Growing-Shrinking US Population

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Alone among the developed nations… the USA has something the others don’t have…and by the look of things, something they don’t want. The US population is growing!

Yes, dear reader, when it comes to having babies…or importing babies from other countries…America still has what it takes. The UN says that US population will increase by nearly 27 million people by 2020.

Twenty-seven million people is about 40 cities the size of Baltimore. If each one of these people lives in a household of four people, it’s more than 6 million new houses…and, assuming they are all two-car families, about 12 million autos. And, of course, each family needs a dishwasher, a toaster oven, a refrigerator, and so forth. A lot of stuff, in other words.

Compared to the rest of the developed world, America is still enjoying a major population boom. After all, Japan’s population is shrinking. So is Germany’s. Europe as a whole is still growing, but not by much. And after 2020, it begins to shrivel up too.

But American population growth may not be as strong as it is advertised. Why? Because more and more people are sneaking out.

As we reported yesterday, illegal immigrants are going home…as well as the children of legal immigrants. And now comes word that native-born Americans are slipping away too. Yes, according to our sources, 742 US citizens leave the country every hour – and don’t come back.

So many are leaving that Sen. Barbara Boxer has proposed legislation – a law that would make it impossible for Americas to cross the border until they settle up with the IRS.

The noose tightens…

Regards,

Bill Bonner
for The Daily Reckoning Australia

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Bill Bonner

Bill Bonner

Best-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.
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Jason
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As of May 17th 2012 (just as the US Census tables show for births) America’s fertility rate and birth rate is plunging, just recently Demographers mentioned that even the ‘Latino birthrate is falling’. Good luck getting 46 million Hispanics to settle up with the IRS when they dump Benny’s funny money for some real currency before heading south for better climes on the day the dollar crashes.

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