We first covered the looming insolvency of Social Security in this space in 2012. The Trustees of Social Security and Medicare reported at that time that the combined Social Security trust fund was spending more than its income and projected that the funds would be depleted by 2033.
Medicare and Social Security Trustees Report Is Three Months Late nationalreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalreview.com Daily Mail and Mail on Sunday newspapers.
The Centers for Disease Control and Prevention reports that births in the U.S. reached another historic low in 2020.
For the sixth consecutive year, the birth rate dropped this time by 4%. The average annual drop in the five previous years was 2%.
The rate at which American women are having babies is way below the rate necessary to keep the population steady-state that is, for the population not to shrink.
A steady-state population requires a total fertility rate of 2.1 children per woman. In 2020, it was 1.64.
Needless to say, for politicians, there is no problem that does not have a government solution, and the birth dearth is no exception.
Birth Dearth About Values, Not Economics
Commentary By
Star Parker is a columnist for The Daily Signal and president of the Center for Urban Renewal and Education.
The Centers for Disease Control and Prevention reports that births in the USA reached another historic low in 2020.
For the sixth consecutive year, the birth rate dropped this time by 4%. The average annual drop in the five previous years was 2%.
The rate at which American women are having babies is way below the rate necessary to keep the population steady-state that is, for the population not to shrink.
A steady-state population requires a total fertility rate of 2.1 children per woman. In 2020, it was 1.64.