Babies sleep comfortably now, not knowing the birth rate is declining and what that means for their adult working years.
Shutterstock
The problem seems inevitable. Soon there will not be enough young workers to take care of all the older Americans. NPR had several stories that look at the demographics and the potential difficulties.
Jess Jiang reported on NPR in early November that in the U.S. today there are 23 seniors for every 100 working-age people.
By 2060 the ratio of seniors to workers will double.
"Populations are aging," Jiang wrote, "maily because people are having fewer and fewer babies, not because life expectancy is increasing."
At the end of November, Jiang wrote another report for NPR on the subject and how the U.S. birth rate hit an all time low of 63 births per 1,000 women of childbearing age. "(T)hat means fewer workers helping to pay for programs like Medicare and Social Security that support the elderly," Jiang wrote.
A few days later, NPR reporter Alex Blumberg related the birthrate's impact on the world his two-year-old son will inherit: "But the fall in the birthrate means that, by the time my son gets to be my age, there will be fewer working people for each retiree. So he'll have to pay a bigger share of my retirement costs — which he may not want to do. So maybe we should start paying more now, or agree that retirees should accept a bit less, or do both. Or maybe we shouldn't worry about it."
The "not worry" part comes from what Dean Baker of the Center for Economic and Policy Research told NPR, that workers become more productive over time and everybody will have a higher standard of living so everything will be OK.
Tell that to the babies.
Email: mdegroote@desnews.com
Twitter: @degroote
Facebook: facebook.com/madegroote
Email: mdegroote@desnews.com
- Frances Monson, wife of LDS prophet, passes away
- XanGo co-founder accuses partners of...
- Mia Love announces she's officially running...
- Fly a flag for Cody: Army confirms Utah man...
- GOP delegates reject changes to nominating...
- Mitt Romney to live in Utah — at least...
- Airport TRAX ridership remains strong weeks...
- Hundreds of volunteers tackle service...
- Frances Monson, wife of LDS prophet,...
65 - Mitt Romney to live in Utah — at...
46 - Mia Love announces she's officially...
27 - GOP delegates reject changes to...
26 - Utah GOP convention agenda includes...
20 - Angry Orrin Hatch: IRS guilty of...
19 - Mormon missionary age announcement...
15 - Swallow headlines spark question:...
12



Whether we recognise it or not, we have learned that the idea we can simply continue to grow is unsustainable. We are faced with the physical constraints of the planet we live on and the fact that a huge emerging middle class of consumers are already More..
Maybe our kids won't mind so much if we teach them how to be millionaires instead of middle class. Because obviously - there are no sweeping changes in the future. My generation (Gen X) has to be prepared to completely through the social More..
Infants can't afford to live here anymore.