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“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. To the degree that family formation is being suppressed, we should be concerned,” said Neal Soss, chief economist at Credit Suisse in New York. “That holds back housing. It holds back all the spending associated with housing. Family formation is a very important motivator of economic growth.”
Originally posted by dizziedame
I predict, and I have never made a prediction on ATS, that this spring we will see a large increase in babies being born.
What saddens me is that most of the spring births will be born to unwed mothers who have no idea who is the baby daddy.
Having seven teenaged grandchildren I meet many other young people and am well up on what is popular right now.
There is no shame in the game of sex at any age these days.
And being with child seems to be an honor among teens.
Is this a curse or a blessing?
Originally posted by Rockpuck
reply to post by MRuss
You CANNOT have a Keynesian economy with slow birth rates!
We are going to have to import more citizens in order to facilitate the appearance of continued economic growth.