Who’s going to pay for Social Security?
New data is confirming a baby boom that some doctors expected was actually a Health departments in more than two dozen states provided records to CBS News, showing a 7% drop in births in December — nine months after the first lockdowns began.
Researchers say it continues a much bigger plunge in fertility in recent decades.
The number of babies the average woman in the U.S. is expected to deliver has dropped from nearly four in the 1950s to less than two today.
While the global population is still growing, a major study published in The Lancet in 2020 predicted it would peak in 2064, and then fall by nearly a billion people by the end of the century — the reason being, fewer babies.
The U.S. is already below the so-called “replacement level” by some measures, meaning fewer young people to support the country’s otherwise aging population.
University of Southern California Professor Dowell Myers said:
“We need to have enough working-age people to carry the load of these seniors, who deserve their retirement, they deserve all their entitlements, and they’re gonna live out another 30 years. Nobody in the history of the globe has had so many older people to deal with.”
Theis also making the problem worse — despite what some people previously thought.
Dr. David Jaspan, chair of the Department of Gynecology and Obstetrics at Einstein Medical Center in Philadelphia, said:
“We thought, oh, we would see a baby boom. But we just haven’t seen it. I get a report every morning at 5:15 about what has happened in the last 24 hours. And the first report that I see is the number of deliveries in the last 24 hours. It’s less than it used to be.”
The Brookings Institution has predicted “a large, lasting baby bust” of at least 300,000 fewer children in 2021.
Laura Lindberg, who tracks reproductive data for the Guttmacher Institute, said;
“So it’s a shift to later in life. In that shift comes more education, more career, more employment. So it’s a reordering of how people engage in adulthood.”
Myers said he never expected to be talking about a global declining birth rate during his lifetime.
Asked what changed, he pointed to “the burdens of life.”