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The Baby Bust Generation

olddog39 Wrote: Dec 17, 2012 10:00 AM
The law of unintended consequences! Ponzi schemes all fail when you can't get new people into the system to pay for those already in. The lack of new workers, resulting from smaller families, impacts those who were promised benefits. Government is not the only group at fault. Look in the mirror- we all share in the reason for it. This is not a static system- decisions made impact the best laid plans. First we believed the promises, then we failed to prepare for them not being fulfilled. NO PLAN B?

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...