The Covid generation is coming. This is a chart of pregnancy test sales and it's glorious...
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View attachment 21335
The Covid generation is coming. This is a chart of pregnancy test sales and it's glorious...
View attachment 21335
You would hope so.
It's somewhat amazing to me that one of the negative impacts when a country becomes wealthy and has it better than basically anybody else in the history of the world is that they no longer care, on average, to replace themselves.
There's no question it's about to stagnate or lower, once the baby boomers die out.I don't see that as a negative at all. If anything, it's a positive. Non-stop growth, purely for the sake of growth, isn't always a good thing. I'd argue 330 million people is more than enough in this country and it wouldn't hurt if that number lowered over time.
You would hope so.
It's somewhat amazing to me that one of the negative impacts when a country becomes wealthy and has it better than basically anybody else in the history of the world is that they no longer care, on average, to replace themselves.
The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers.
I don't see that as a negative at all. If anything, it's a positive. Non-stop growth, purely for the sake of growth, isn't always a good thing. I'd argue 330 million people is more than enough in this country and it wouldn't hurt if that number lowered over time.
In this country, immigration offsets lower birth rates. At least that is the case when compared to many other countries where birth rates are dropping.
South Korea is at like .8 kids for every woman right now and immigration to South Korea isnt offsetting that low rate. For context, the US is at 1.7 kids for every woman.
For a generation to exactly replace itself, the magic number is 2.1 kids per woman. So immigration is picking up that slack here.
That's nice, but keep in mind COVID is on pace to take 700,000+ Americans in a 24 month span. So, we have some room to make up.
The future of the US economy appears heavily reliant on positive immigration flow in the coming decade(s). Everyone hates China, but it seems like a virtual certainty their economy passes us based on their population figures alone. It's not that hard to see a world where the Chinese economy is 2X or 3X the US'. I don't see the average American family really growing in size. We have to attract talent from outside our boarders in order to be competitive long term.
I know we have a history of innovation, but China's investments in EVs and 21st century energy are well ahead of us right now. It's going to be a difficult road if they have 5X the population and they're innovating close to our levels.
That "free" lunch is about to end also though. Or it's just going to be a game of musical chairs, with the world wide birth rate down to 2.4, there are going to be fewer and fewer countries that are above the replacement rate and able to provide immigrants.
Well, China's birth rate is worse than the US's and it's less welcoming to immigrants. I think there's a real likelihood that they get old before they get rich.
| 144 |
| 1.705 |
| 145 |
| 1.700 |
| 146 |
| 1.700 |
| 147 |
| 1.700 |
| 148 |
| 1.696 |
I don't see that as a negative at all. If anything, it's a positive. Non-stop growth, purely for the sake of growth, isn't always a good thing. I'd argue 330 million people is more than enough in this country and it wouldn't hurt if that number lowered over time.
https://en.wikipedia.org/wiki/List_of_sovereign_states_and_dependencies_by_total_fertility_rate
144 United States![]()
1.705 145 Ireland![]()
1.700 146 Denmark![]()
1.700 147 Sweden![]()
1.700 148 China![]()
1.696
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