Dropping GDP/population will make us richer.

["Barry Brooks" <barrybrooks@xxxxxxxxxxxxx>]

>Date: Mon, 17 Mar 2003 18:31:44 -0500
>From: "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx>
>Subject: Re: NYTimes.com Article: A Fiscal Train Wreck

>...The US has a 5:1 ratio on GDP:population. If
>the US were to allow this ratio to drop to
>3:1, the US  will be richer in absolute terms.

I don't understand how it could be possible that if
the US were to allow the GDP:population ratio to drop
from 5:1 to 3:1 would the US will be richer in absolute terms.

If the GDP:population ratio dropped due to increased population would
the US be richer?  Wouldn't the same amount of production with
more people make people poorer?

Maybe you have in mind reducing the GNP. How would that means of
dropping the ratio of GNP/population make us richer?

Do you mean that if we produce less that
imports will (must) increase even more than the
local production cuts?

Barry