Earlier quoted context omitted.
Government and private retirement strategies both rely on cash transfers from younger workers. In a government system, the younger workers pay taxes which are transferred to retirees. In a private retirement system, younger workers are the purchasing counterparties as retirees sell off their investments. Retirement financing in general relies on future economic growth for future cashflow. That said, you don't necessa…
>Government and private retirement strategies both rely on cash transfers from younger workers. In a government system, the younger workers pay taxes which are transferred to retirees. In a private retirement system, younger workers are the purchasing counterparties as retirees sell off their investments. The core unit of the economy is not cash, it's value. Saving roughly corresponds to avoiding consumption and pres…
The global fertility rate is falling
281–290 of 881 posts
Re: The global fertility rate is falling
#282Earlier quoted context omitted.
I started to read this waiting for the punchline to a Dad joke. Kids can still mow lawns for sure. >This stuff is being pushed from the top. Is this some kind of Sparta thing? Like you all go up to the top of the mountain and someone pushes Dad off? Because if you actually mean there's a "top" that is dictating human sexuality I am deeply, deeply interested in seeing a schematic diagram for how that system works. >It…
Old calculus: "I need to have lots of children so they support me in my old age. No matter the cost." New calculus: "Between retirement accounts and welfare, society will support me in my old age. Children are really, really expensive." It's economics, plain and simple. Of course there's a "top" and the "top" does dictate the structure. If you doubt that, ask: what percent of your income do you pay in taxes, and what…
To the best of my knowledge, the correlation is somewhat negative--that is, rich people have lower average birth rates than poor people.
How can it be economics "plain and simple" if even people who can easily afford to raise large families choose not to? Mark Zuckerberg and Priscilla Chan could afford more kids than the Duggars. But they have two.
Re: The global fertility rate is falling
#283Children have become more of a burden than a benefit in many ways. We once had much use for our children. When people were more independent and everyone pretty much had a small business, children were seen as the life blood of that business. Now, we are pretty much expected to fill a role at some large corporation -- which Japan is the greatest example of. Also, the family centered culture has changed to a work cente…
We should take a page from Jonathan Swift and consider eating them.
In my view, the will of the people is not being reflected in the government due to corruption.
Re: The global fertility rate is falling
#284Children have become more of a burden than a benefit in many ways. We once had much use for our children. When people were more independent and everyone pretty much had a small business, children were seen as the life blood of that business. Now, we are pretty much expected to fill a role at some large corporation -- which Japan is the greatest example of. Also, the family centered culture has changed to a work cente…
Though there's some truthiness here, it's a very cynical take. Most people aren't thinking about the ROI of their kids, that ironically is a pretty modern twist. Birth Control is way, overwhelmingly the #1 issue, so far ahead of anything else. Condoms and 'the pill' are a very new phenom. Imagine before them, when every sexual act had a pretty high change of pregnancy. And then it's easy to understand how sex marriag…
The primary issues were first increased probability of survival to adulthood (shift focus to raising fewer kids better) and then higher opportunity cost (especially for women who gained opportunities).
Re: The global fertility rate is falling
#285Earlier quoted context omitted.
Society can only support you in old age if there are enough younger people around. Unfortunately, even though kids are needed for society to function and keep going, not much of the cost of raising kids is socialized, at least in the states. Day care for one kid where I live is $1700/month and rising, you have to be rich to afford it.
"Society can only support you in old age if there are enough younger people around." I do not agree with that. In my opinion, technology advancements (say, driverless cars) will make reduce the amount of young people needed to support for older people.
Obviously that won’t happen overnight, but it could definitely happen gradually.
Re: The global fertility rate is falling
#286Earlier quoted context omitted.
These problems are not wide-spread in most underdeveloped countries, even Muslim-majority ones. I don't want to "whataboutism" here, but to offer a comparison: the US clearly has a problem with police violence, but we don't judge the entire country's population by it.
If we all have just as many stones to throw, why are they coming over here? Why aren't we going over there?
Re: The global fertility rate is falling
#287Earlier quoted context omitted.
I have yet to see any technology that will change a bedpan in the next 30 years. Much less provide the most important component to an older person’s mental (and hence in some ways physical) health - which is the company of other humans, family and friends, and typically grand children and other decendants.
I have been thinking of some powered exoskeleton that provides mobility as one solution. What is more concerning is loneliness, but maybe VR NPCs or something.
Re: The global fertility rate is falling
#288Earlier quoted context omitted.
Those are excuses that people make up to soothe their egos. The real reason people do not have children is selfishness. They think that the financial and time cost will deprive them of other material joys. It’s as sad as it is misguided.
You're getting downvoted but I think there is some truth to this statement.
Re: The global fertility rate is falling
#289Children have become more of a burden than a benefit in many ways. We once had much use for our children. When people were more independent and everyone pretty much had a small business, children were seen as the life blood of that business. Now, we are pretty much expected to fill a role at some large corporation -- which Japan is the greatest example of. Also, the family centered culture has changed to a work cente…
To paraphrase that kid from Boyhood: who needs robots when you can program humans ?
Re: The global fertility rate is falling
#290Earlier quoted context omitted.
Society can only support you in old age if there are enough younger people around. Unfortunately, even though kids are needed for society to function and keep going, not much of the cost of raising kids is socialized, at least in the states. Day care for one kid where I live is $1700/month and rising, you have to be rich to afford it.
It's important to note that in Germany, at least, day care is provided by the state at no cost, starting from the age of 3mo or so. You also get 300 euros a month per child. German society has made a concerted effort to encourage that people have children in Germany. It's an idea worth copying, IMHO.