Something has deeply deeply changed in society for a fertility rate to go from 6 to 0.8 in 60 years, the living memory of a single life. Before, society grew with the average working age person only needing to half support an elderly retiree. Now, that same working age person will need to support more than 2 elderly retirees themselves, over 4 times the resources. Has it occurred to people that, maybe, modern fertili…
Apologies for ranting but this topic resonates too much. Housing prices are 9x salary vs 4.5x salary in the 70s and it takes a while to save up. Personal data point: it took me winning an IPO lottery to start thinking about having kids for real. Having kids while earning minimal wage? Terrifying, especially in the US where getting yourself or your kid sick could bankrupt you in the blink of an eye - and if you want m…
One thing I think gets really overlooked is that college and job searches tear apart extended families, which in more traditional societies are a huge part of the child care strategy.