[llamaorama]

Easy. The fastest growing regions will expand by over a 1/3 or so. Dallas will grow from
7 million to 10 million and it will be more of the same. Nobody will move to Montana.

And it’s not about the whole works reaching American living standards, but an additional 1% of its population doing so. Whether that happens inside our borders or across countries that are bigger than us. Look at China and India, they may be poor overall but their size means they have hundreds of millions of people living a near middle class lifestyle already. This increase for the US is a rounding error compared to all of the Earth but meaningful for our own interests.