I hesitate to publish about this at all given the opprobrium the Kouk has covered himself with in recent months but here you go:
There are a number of vital areas of societal well-being which are being undermined by too much of a good thing, in other words, excessive population growth.
Importantly house prices, congestion in the cities and stretched infrastructure which is slow and expensive to add to, are all being impacted negatively by too many people for the existing facilities.
There is excess demand for a given level of supply, in other words. It is simple economics at play.
No mention of wages or structural reform or output gaps. The piece is literally tweeted onto the page.
But it’s still a good idea, not least because it will compensate youth for their greater COVID sacrifice.
