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The aging problem begins in the US

Population and the future. For decades, America has enjoyed the economic and political fruits of its birth. Between 1990 and 2010, the percentage of fertility in the US was higher than the number of developed countries except Israel, Iceland and New Zealand.

So what does it mean that the birth of the US is about to slow down in Europe’s recent trend? In 2007, just before the economic downturn, the total birth rate in the US, meaning that the average birth rate a woman is expected to have in her lifetime, was 2.12. By 2019, before the Covid-19 crash, it had reached 1.71.

Current CDC data from 2020 shows that the total number of fertilizers has dropped to 1.64, almost the same as in Europe over the past five years. If what is happening now, as it is due to be released last year (it is very difficult to get pregnant during an epidemic unless you already have a partner), then New World may have less fertility than in the past this year.

So much for the wealthy Nicholas Eberstadt called it the “American public display”. For decades, the birth rate in the US contributed to the growth of the buoy, which is both human and productive, as well as a global responsibility. But according to a new report by the Global aging Institute and Terry’s organization, entitled “The End of US Demographic Exceptionalism”, all the factors that have fueled the birth of America – from immigrants and religious believers to temporary economic hopes – are now declining.

The author of the report, Richard Jackson, head of GAI, says humility is needed among demographic experts (“no one has ever seen the Baby Boom coming”). Yet there is no reason to assume that birth in the US is coming back anytime soon.

Indeed, Covid’s keen interest has encouraged animal spirits. But the millennium is “a generation without wounds”, says Jackson, as he reaches adulthood during the 2008 financial crisis and epidemic. He says: “People are more likely to have children when they see how successful they are. About young carriers debt, unable to buy a home and start a family at the same time as their parents, such a feeling can be frustrating.

Falling birth rates have been the lowest among Hispanics, with Jackson and other analysts claiming to be at risk of economic and social vulnerability, exacerbated by years of disillusionment with Donald Trump’s administration. The move to the Net, which promotes fertile fertility, has dropped by almost half of what it was five years ago, as the cost of child care and care has risen.

President Biden, he said, saw the oversight, education and care of children as central to his mission. This is good for job creation and productivity, and can also help increase the number of births on the margins if women find it easier to reduce workloads and families.

But the story of the “birth” of fertility methods is stagnant. For example, many European countries have better social security and financial security systems than the US, yet small families have become increasingly common.

It may be that over-growth, and thus financial security, is the best way to deal with birth rates, a conflict that Republicans who are concerned about Biden’s elevated views have been making a comeback.

This goes to the US that they will need to think strategically, to combine the two sides to deal with the declining population, and the economic and political consequences. Reducing population size, as well as funding (such as aged care and debt from Medicare and Social Security), is a major reason why DRM Budget Office predicts low yields and slow US growth in the future.

Finding women who have worked tirelessly from Covid-19-related unemployment at work is an important way to change the tide. In addition, this will make it easier for immigrants to relocate, and to find ways to rehabilitate older people with higher education and more work experience. “Older people are not only the most widely used tool in America, but also the most widely used,” says Jackson.

We want them, and they need work. The proliferation of post-epidemic economies combined with the disruption of labor has led many boomers to retire as soon as possible. But he was given that mid-term income in 2019 for Americans between the ages of 55 and 65 it was only $ 144,000 per family, it is hard to imagine that working long hours is not uncommon.

Government agencies can help persuade older people to work with tweaks such as lower taxes for the elderly, or by making Medicare, instead of personal insurance, first aid for American seniors.

Currently, personal insurance is the first call port for those still working. This brings money to companies, which may be more willing to hire older people if they also do not participate in their diet.

Much of its history, the US has been fascinated by adolescence. His future can be described by his age.

rana.foroohar@ft.com


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