Population decline is not in itself bad. It is the economic consequences that are bad.
For whom?
Economic growth on a per capita basis can increase while both population and the absolute size of the economy fall.
There's no economic consequence here, unless you blindly worship the absolute GDP figure, which has no particular importance, and certainly doesn't complain if we make it smaller.
Who, exactly, is the victim of the "bad economic consequences" of a population decline, in which every individual in the population is wealthier tomorrow than they were yesterday?
The economic consequences of reduced population are something that can only exist where productivity is tied to the number of people working in a given economic area - but productivity hasn't been tied to the absolute size of the workforce since the start of the industrial age.
When a single backhoe driver can dig, in an hour, a ditch that previously took fifty men with shovels all day to dig, how is it an economic disaster, or even an economic problem, if a handful of the forty-nine now unemployed former ditch-diggers had never been born?
Sure, our backhoe operator might be diverting far more of his earnings to the support of not only his own aging parents, but also those aging non-parents who chose not to bear his non-existent coworkers; But he can afford to - he's so much more productive, that those pensions are easily within his means.
Well, unless his boss is (mis)appropriating his increased productivity to support the boss's beer-and-hookers fund. But then, if that's the case, the boss can pay to support the old folks, and still have money left over for beer and hookers.
It's been a couple of centuries since the best way to do more stuff was to get more people doing it. The best way to do more stuff, is to get bigger and faster machines to do it, with proportionally fewer human operators (and machine builders, and maintenance workers, and bosses) needed to make it all happen.
Mechanization means people no longer need to work. Not working isn't a problem unless you are poor; The rich have been very happy not working for centuries, and the only problem here seems to be their reluctance to let a bunch of new people follow them into unproductive lives of idle enjoyment of the productivity of the economy.