The Great Baby Bust of 2017
Lyman Stone

Wouldn’t a lower population be a good thing? When the Black Plague devastated Europe in the Middle Ages, it helped bring about the end of feudalism due to the demand for labor being so high. Workers realized that they now had some power and used it. With over 7 billion people on this planet now, we are draining resources that can’t be replaced and we are seeing (here in America), wealth discrepancies that haven’t been seen since France in the 1700s. When you have middle class wages stagnating, and it takes 2 people just to get by, let alone live well, I fully understand why people wouldn’t want to ruin their lives by having children. For the cost of raising a child to 18 (without college), you could buy a house or even a Ferrari. That is a lot of money when you are making $10/hr. and living on ramen.