In response to:

The Baby Bust Generation

Illbay Wrote: Dec 17, 2012 2:22 PM
Stupid "Federal Reserve is the cause of all our problems" claptrap is ridiculous. We also used to have horrendous depressions about every ten years before we went off the gold standard. And the "value" of all the gold in the world is a fraction of the U.S. GDP. What about that? Oops, facts! Jerking the knee's much more fun!

FERTILITY IN AMERICA has been declining for years. According to the Pew Research Center, the nation's birth rate hit an all-time low in 2011 – just 63 births per 1,000 women of childbearing age. It was almost twice as high – 123 births per 1,000 women – at the peak of the Baby Boom in 1957.

As babies and children disappear from a society, what takes their place? One answer, as journalist Jonathan V. Last observes in a forthcoming book, "What to Expect When No One's Expecting," is pets.

In surveys taken from the 1940s to the 1980s, fewer...