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by toochini
2187 days ago
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Not even American but just consider the following. Rising wages (basic supply and demand) lead to an increase in the fertility rate as people feel more financially secure to have children. And before you say that it will go to remote work: big tech has been dying and trying to outsource everything as it is still cheaper than legal immigration. There might be bigger incentives if wages do rise, but they have pretty much been there all the time |
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That's actually the opposite of what happens. As a country develops, wages go up and fertility goes down. Check out this chart of GDP per capita vs fertility rates. [2] It's a well known and extremely strong effect.
Fun and very poignant quote: In a 1974 UN population conference in Bucharest, Karan Singh, a former minister of population in India, illustrated this trend by stating "Development is the best contraceptive." [1]
[1] https://en.wikipedia.org/wiki/Income_and_fertility
[2] https://en.wikipedia.org/wiki/Income_and_fertility#/media/Fi...