Demographic Politics And Population Growth - 2

[Guest]

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Children may not be really be earning more than their parents in real terms i.e when you take into account inflation. <!--QuoteEnd--><!--QuoteEEnd-->When I said that children were making more than their parents, I was replying to the point you made here:<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Besides if you are wise you'll have enough change left over in any case to support your retirement, as it were.<!--QuoteEnd--><!--QuoteEEnd-->Here is my logic: your children make much more money than you do IMPLIES they can provide better for your retirement than you can from your own savings. In any case, your savings are more likely to be affected by inflation than their earnings. Your savings are remnants of past earnings before the inflation happened and will therefore suffer devaluation, while your children's earnings have already taken the inflation into account.<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->but I feel that it is unlikely that the optimum will be 3 or 4.<!--QuoteEnd--><!--QuoteEEnd-->Why do you feel that?