Truth is the beginning of wisdom…

To those like Pelosi who refuse to learn from history, and think population control and controlling people is the answer, are not just socialists but are working out of Marxist thought of government. That government, among other things, sees themselves as smarter and superior than their people, and that they have the ability to take care of the people better than they can take care of themselves.

Population control, abortion, entitlement programs, industry takeovers, etc. are all part of this thinking.

The notion that a larger population will produce a lower standard of living can be traced to the 18th-century economist Thomas Malthus. But during Malthus’s own lifetime, his prediction was proved false, as he later acknowledged. Population and living standards rose simultaneously, and have continued to do so.

Ms. Pelosi’s remarks ignore the importance of human capital, which is the ultimate resource. Fewer babies would move the U.S. in the demographic direction of Europe and Asia. On the Continent, birth rates already are effectively zero, and economists are predicting labor shortages in the years ahead. In Japan, where the population is aging very fast, workers are now encouraged to go home early to procreate. Japan is projected to lose 21% of its population by 2050.

America needs to produce 2.1 children per couple to keep up with births to support the population — and that rate is not being maintained. Economies in Europe have been especially hurt by a drop in birth rates. International

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The age and growth rate of a nation help determine its economic prosperity. A smaller workforce can result in less overall economic output. Without enough younger workers to replace retirees, health and pension costs can become debilitating. And when domestic markets shrink, so does capital investment. Taxpayer subsidies for contraception as economic stimulus are suicide.