U.S. Birth Rate Sets Record, Hits Lowest Level In A Century

Discussion in 'Economics' started by misterno, Jan 17, 2011.

  1. Any idea what is going on here?

    http://www.huffingtonpost.com/2010/08/27/us-birth-rate-sets-record_n_697131.html

    Forget the Dow and the GDP. Here's the latest economic indicator: The U.S. birth rate has fallen to its lowest level in at least a century as many people apparently decided they couldn't afford more mouths to feed.

    The birth rate dropped for the second year in a row since the recession began in 2007. Births fell 2.6 percent last year even as the population grew, numbers released Friday by the National Center for Health Statistics show.

    "It's a good-sized decline for one year. Every month is showing a decline from the year before," said Stephanie Ventura, the demographer who oversaw the report.

    The birth rate, which takes into account changes in the population, fell to 13.5 births for every 1,000 people last year. That's down from 14.3 in 2007 and way down from 30 in 1909, when it was common for people to have big families.

    The situation is a striking turnabout from 2007, when more babies were born in the United States than any other year in the nation's history. The recession began that fall, dragging down stocks, jobs and births.

    "When the economy is bad and people are uncomfortable about their financial future, they tend to postpone having children. We saw that in the Great Depression the 1930s and we're seeing that in the Great Recession today," said Andrew Cherlin, a sociology professor at Johns Hopkins University.
     
  2. The Johns Hopkins guy hit the nail on the head.
     
  3. Thank goodness! The mirage of the Infinite Growth Paradigm finally fades further away.

    Now just wait until the conventional crude oil peak in 2005 gains greater public understanding.
     
  4. Since the recession and the uncertainty will never end and the unemployment rate will never go below around %10 like in Europe, that means the birth rate will never go up either

    This means graying of the population, less number of payers into social security, labour problems, elementary schools will be closed, it will be a gloomy environment where 90% of the newborns are from legal/illegal Mexicans.

    That means mexicanization of america since they don't seem to embrace angla saxon culture and don't want to be a part of the melting pot. Heck they don't even like American culture.

    Disaster is coming if you can see it.
     
  5. sosueme

    sosueme

    Don't worry, they are changing the culture as we speak.
     
  6. ElCubano

    ElCubano

    Misterno...Considering their birthrate is 9.1 per marraige and they avg 2.5 marraiges by the time they are 19...it's just a matter of time.
     
  7. What ever happend to the baster baby program?

    http://www.mommieswithstyle.com/boards/viewtopic.php?f=1&t=15807

    Wasn't that was sposed to resolve this issue? Growing people in a tube would be another possible solutution to the population decline issue, if the females decide not to perform their function. The costs of raising a child in 2011 are astronomical, there is not much incentive to birthing during a global recession.

    Akuma
     
  8. 1) Plagiarism! He stole that from Prechter. :(
    2) It may sound more dignified to hear that from a professor at an upper-tier school instead of a market "guru". :cool:
     
  9. If the birth rate stays this low, we would need more immigrants to pay into the social security system.

    How else can we fund the retirement system?

    We need more slaves
     
  10. Birthrate is inversely correlated to education, specifically education in women. This would be a sign of growing universal education in the US, which isn't surprising.
     
    #10     Jan 18, 2011