Quote Originally Posted by xerxe View Post
If we take this line of reasoning, then even regular population growth is bad and doomed to wreck the economy. It's the same argument made against women entering the workforce: that they're taking jobs away from men. In fact, a bigger workforce means that more people spend their earnings, which creates more demand and more jobs.
Real incomes (insofar as what one can purchase with their earnings) have been flat for 40 years. More women entered the workforce because they had to—impossible now for most to reasonably rear a family on one income.

Expanding the labor supply has been great for business, not so much for the economy.