Thursday, August 18, 2016
AUG 18 U.S. BIRTHRATE HITS ALL TIME LOW
With all of the eye-popping events in the Rio Olympics, combined with all the jaw-dropping comments in the Presidential Elections, here's a story you might have missed. Last week, an alarming study was released by the Centers for Disease Control and Prevention. It discovered that the birthrate in the USA has fallen to its lowest rate ever. This goes all the way back to the 1910 Census, when the US first began calculating such data. Wow!
Let's dig deeper: In the first three months of 2016, only six babies were born for every 100 women, aged 15 - 44. While the birthrate has been in steady decline since 1970, the sudden 10% dip in the last five years warrants our attention. There is some good news. The study also found that women are giving birth at an older age: 26.2 is the new average. This means that teen pregnancies are down and the 30 -44 group is at an all-time high: Every tenth woman is this group will give birth this year. That means more babies come to functioning households and less babies are coming to confused teenagers.
Let's combine the CDP's study with another statistic from the last census: Life Expectancy. Today, Americans enjoy the longer lives, clocking in at an average of 78.7 years. With advances in science and healthier diets, we can only expect this number to grow in coming decades. You know what this means: Our country is on a dangerous course. Nations with lots of older people and fewer younger workers don't function well. By the year 2040, there will be fifty million people retirees in America, but no one to take care of them.