Economic Growth

It is still taught in our universities that population growth is a stimulant to economic growth. The opposite, in fact, is obviously true. Poverty growth, not economic growth, has been the result of population growth. Our economists still have the impression that there is no limit to growth; that there is in nature an infinite amount of resources, and that a satisfactory substitute can be found for every depleting resource. No doubt, during the past centuries, economic growth was the cure; today in this 21st century, economic growth is a disease. Consider most of today’s economic productivity causing “ecological destruction.”
In the 1950s, the population of the Philippines was 15 million Filipinos. We were then a poor country. Today in the year 2006, our population has reached 88 million Filipinos. We are poorer in this decade than we were poor during the past decades. In the meantime, the faithfools of this God-forsaken country are still preaching to the multitudes not to worry because God will provide. Poch Suzara