People Are Having Fewer Kids. Their Choice Is Transforming the Economy

Wonder whether the loss of jobs to “computerization” will balance out the loss of population. Worrisome for a consumer based economy. There’s plenty of money out there but its distribution isn’t optimal. Given that people won’t willingly get rid of their comforts, they can raise salaries and increase stability to make it comfortable to have and care for children.

Define “computerization” as you wish.

My instinct has been that decline in birthrate is directly connected to the distribution of wealth, at least in the US.

Boomers could afford a house and 6 kids on one person’s salary.

Today both parents need to work just to afford the basics, let alone child care and food. That economic pressure has to have some affect on birthdate.