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The total fertility rate, the number of babies a woman of childbearing age is expected to have over her lifetime, is currently at 1.72 — 2% lower than in 2017. It's also notably below the 2.1 fertility rate required for one generation to perfectly replace the next.
DYI: Two major reasons for the decline in fertility.
Mismanagement of the economy:
Debt explosion by out of control banks that needs to be re-regulated bringing their leveraging back down to earth that has “jacked up” rental and home prices. This not just thwarted household formation in of itself; but has the effect of starving the rest of the general economy for much needed spending or investment. Add on the student loan debacle you have the recipe for a declining birth rate.
Increasing oil prices:
The days of easy to find oil and gas has been gone since the late 1990’s. This puts a perpetual drag on economic growth slowing all forms of human activity including women’s fertility rate.
Oil Price as of 5/19/19
$62.71
As
time rolls on as oil and gas supplies become tighter and tighter expenses not
just driving a car or truck but all forms of fossil fuel products will continue to increase
in price placing additional pressure on the economy. This will induce women to NOT have multiple
children [or possibly none] as the cost continues to sky rocket for child
rearing.
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