So... The baby boom.
I hate this graph. First, the ceiling is 2.5%, but the floor is -0.5%, which skews the data to look more impressive at the top end and show the floor more drastically. The second is that it starts at 1950, skips 30 years, and then goes in 20 year segments. Third is that half of the graph is guess work. Sure, maybe it's a good guess, but estimating population growth 80 years into the future based on information from the baby boomer generation is wild. Over all, this is a graph with an agenda. Maybe the agenda is needed and necessary, but math isn't biased. Math is absolute. Skewing the math to make it say what you want it to say is bad practices.
What makes u think the prediction is based on the Baby Boomer Generation? I think the prediction is very much rather based on how the fertility rate drops the further a country develops. Higher education levels and better living conditions have shown to reduce the fertility rate in western countries, and now that developing countries are catching up, we can expect (and we see that already) that their fertility rates are dropping as well, hence being a good basis to estimate the future total population numbers.
Interesting, but not beautiful.
Is that a bad thing?
We are running out of space to support the population.
Standard of life is shit at best.
Future generations will curse us for bringing into the world.
Standard of life won't necessarily improve with fewer workers
And certainly won't improve when you have hungry children waiting for you while you are working 2 jobs.
Before you could fund your entire household with 1 income and the result was a population boom and the decline started when the standard of life started declining.
Is that a bad thing?
It is for the increasingly small number of working age people having to pay the retirement and medical expenses of the increasingly large number of old people.
People are unable to afford groceries for themselves and having even 1 or 2 children on an already strained budget and that budget is from both parents working 2 jobs.
The retirement system was conceptualised in an age when 1 household could support itself with 1 income while having 3-5 children and could also afford a car, house and vacation, none of that is possible these days and keeps getting worse so declining population is the direct consequence for worsening standard of life.
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