I Can’t Do This All Myself: Fewer Babies Hinder Economic Growth
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August 22, 2012 The Blog

I’m doing my part to turn the country around:

“Consumption bumps up when families have children,” said Dean Maki, chief U.S. economist at Barclays Plc in New York, who worked at the Federal Reserve from 1995 to 2000, and researched household finances. “The fact we are seeing fewer births is something of a drag on consumer spending. To the extent this turns out to be a persistent trend, it is something to be worried about.”

The population increased by 0.92 percent, or 2.8 million people, to 311.6 million from the end of the decennial population count on April 1, 2010, to July 1, 2011, the slowest rate over a similar period since the mid-1940s, the Census Bureau said.

Let’s go, people!  Get busy!  Literally!  It’s for your country!

If you won’t, I guess I’ll just keeping picking up your slack.

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