New stats released by our government yesterday are at least mildly disturbing for those of us who wonder how retirement benefits we’ve expected after our working years are through will be paid for. The U.S. birth rate last year fell to it’s lowest level since 1,986.
We’re being told that the number of us who’re meeting our maker each year is surpassing the number of new Americans being born by a significant rate.
There’s talk that within a rather short period of time the number of people living longer in retirement will equal the number of workers contributing to the social security system.
There are also fears that the declining birth rate will make certain ethnic populations extinct by the end of the century.
The experts have lots of theories as to why the birth rate in the U.S. continues to fall.
Is it because younger folks are too busy with living their lives and chasing their dreams to be bothered by having kids? Has the cost of having and raising kids risen to the point that young people can’t consider having off spring?
Are Americans of child bearing age so concerned about what the future will bring in our country that they don’t want to bring kids in to it?
No one can answer the question with certainty but it’s an issue we’re sure to hear more about in the future.
That’s the way I see it.