Is The U.S. Running Out Of People?
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Due to our previous post on Why Georgia Is Giving $3,000 Tax Credit To Unborn Child, the discussion of fertility and replacement rate came up. Naturally, some of our readers were concerned with the replacement rate of USA in the future. The US is facing an aging population, falling birth rate and economic recession caused by the coronavirus pandemic. These issues will have huge implications on the size of the workforce and the consumer base. Watch the video to find out why America could be confronting an underpopulation problem and what business leaders and policymakers can do about it, in the video published on Jan 6, 2021, “Is The U.S. Running Out Of People?” below:
In the USA, the replacement rate is currently at about 1.9 (to be truly sustainable, that rate needs to be about 2.1). U.S. replacement rate is higher than most other developed nations due to our immigration policy.
It would be nice if governments would provide monthly stipends for all babies’ parents (which is going on in some countries right now, such as the Child benefit in Australia, Canada, Finland, Hungary, Ireland, Japan, Luxembourg, Netherland, New Zealand, Spain, South Korea, United Kingdom, or Kindergeld of Germany ). After all, these parents will be helping to raise the future of the nations. It is a very important job to see to it that these babies grow up to be productive and responsible citizens. Furthermore, tax credits, subsidies, and preventing abortions via laws (some people would simply choose sterilization or move out of state or country entirely) alone would not be sufficient, it is necessary for the society to nurture the attitude of respect toward parenthood and help to insure that women’s careers would not suffer as a result of choosing to become mothers. Only then, the human society would stand the chance of obtaining the sustainable replacement rate. On the other side of the coin, there are those who believe that the answer may lie in the artificial wombs. To these people, I maintain that raising children is not just about birthing but also educating the children in basics of humanity and how to become the participants and contributors of the human society. Ultimately, I believe the solution may lie in immigration, for this may be the fastest way to compensate for the lowering fertility or replacement rate. But how quickly and who should be allowed to immigrate into the desired country need to be carefully deciphered. So, in the final analysis, the way toward sustainable replacement rate will need to be in a combination of: Immigration + Tax Credits + Child Benefit +Extended Parental Leave + Subsidized Child Care + Generating Societal Attitude of Respect Toward Parenthood (via media, publications, etc.) + Insuring Women’s Careers Post-Pregnancy.
Gathered, written, and posted by Windermere Sun-Susan Sun Nunamaker More about the community at www.WindermereSun.com
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