Why Americans are having fewer kids — and why it could be a problem
September 27, 2024
To have children or not to have them? That is the question more and more Americans are asking themselves. Only 26 percent say having children is extremely or very important for a fulfilling life, according to a Pew Research Center survey, whereas 71 percent say the same about “having a job or career they enjoy.” The U.S. fertility rate has plummeted to 1.6 lifetime births per woman, well below the “replacement rate” of around 2.1, at which point a population remains stable between generations.
Lower birthrates mean fewer young people, which means a shrinking workforce and more difficult economic growth. But there are other reasons to hope for more children, no less real for being more intangible. Mass reluctance to bring a new generation into the (admittedly troubled) world could signify growing pessimism in a society that has historically thrived on optimism. A disproportionately elderly society could be a wiser but less dynamic one, with fewer young people to take risks, contribute new ideas and — yes — provide youthful joie de vivre.
