Days of Yore ("Infant Joy" by William Blake) |
It turns out that the U. S. birth rate has dropped to a new low during the pandemic. Such a steep decline has not been seen “since the Baby Boom ended in 1964.” Worse yet, there's been a similar downward trend for decades.
We're now below what is needed to replace an existing generation, which could have far-reaching effects on the social security system. While more and more Boomers are retiring each year, there would be fewer and fewer workers to help see them through.
Resources
https://www.cbsnews.com/news/birth-rate-42-year-low-cdc-data/
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