Good Times Return, but Not Babies

There is an unwritten rule among those who watch the economy. When times are good, families have more babies. Across the board, the fertility rate of women of all ages goes up and the population is replenished. Young populations and prosperity are co-related and desired in healthy economies. However, that is not happening today. The Great Recession of 2008 is over, and the economy is booming. There is no lack of jobs for those who want them. There should be a baby boom that reflects this prosperity. However, the delivery room is ominously quieter. Not even roaring markets can bring them back to life.  The 2017 fertility rates from the U.S. Centers for Disease Control and Prevention (CDC) report a dismal scenario. Last year marked a forty-year low in women’s fertility, which now stands at 1.76 lifetime births per women. This is the second year in a row that the rate has dropped to a record low. The drop is dramatic. Women in 2017 are having nearly 500,000 fewer...(Read Full Article)