Millennials choosing to be DINKs (dual-income-no-kids) could push GDP down by as much as 4%

[ReinyDays]

Social security taxes paid by individuals is based on their income.

Better tell the IRS ... because they're telling us just profit ...

Let me guess ... your employer is tasked with withholding your SS taxes and they have to send it in for you ...

 

[westwall]

Better tell the IRS ... because they're telling us just profit ...

Let me guess ... your employer is tasked with withholding your SS taxes and they have to send it in for you ...

I was the employer. My tax attorney took care of the details.

 

[Unkotare]

And that's not at all a bad thing. It's a choice. A growing number simply don't want kids. Big whoop.

It's a very big whoop. Now go repeat your doctrine another thousand times.

 

[Unkotare]

China population implosion syndrome.

They did it to themselves with a stupid law.
We're doing it to ourselves through selfish hedonism, social decay, and the undermining of faith and culture.

 

[initforme]

It's a very big whoop. Now go repeat your doctrine another thousand times.

Then make it so one spouse is making well over 6 figures or the trend will continue

 

[initforme]

China population implosion syndrome.

They did it to themselves with a stupid law.
We're doing it to ourselves through selfish hedonism, social decay, and the undermining of faith and culture.

We've got plenty of births. All is well.

 

[Unkotare]

Then make it so one spouse is making well over 6 figures or the trend will continue

?????????????

 

[braalian]

China population implosion syndrome.

They did it to themselves with a stupid law.
We're doing it to ourselves through selfish hedonism, social decay, and the undermining of faith and culture.

Not having kids is selfish?

 

[initforme]

Not having kids is selfish?

Not really sure being responsible and taking the steps to not get pregnant is selfish?

 

[Unkotare]

Not having kids is selfish?

Choosing to be a DINK to "save money" for vacations and material goods is.

 

[initforme]

Choosing to be a DINK to "save money" for vacations and material goods is.

I agree bragging about it is kind of dumb but what other couples do is really none of our business. I don't see a crisis in it.

 

[Fort Fun Indiana]

MSN

www.msn.com

Deciding whether or not to have children is a deeply personal choice for any individual, but an increasing resistance to becoming a parent now presents challenges to society as a whole.

The crude birth rate in the U.S. has dropped by more than half since the 1960s. Per the St. Louis Fed, sixty years ago approximately 24 babies were born per 1,000 people, in 2022 that figure stood at 11.


This drop—combined with the fact that the nation's population is living longer—is a serious concern for economists who question how economies will function with fewer people available to do the work.

Melinda Mills is a professor of demography and population health at Oxford University's Nuffield Department of Population Health. Mills explains: "Sustained low fertility combined with longer life expectancy results in aging populations.

"This causes strains in the labor market such as health care for older populations, the closing of schools, rethinking housing and infrastructure, and rethinking pension systems and age of retirement."

The resulting drop in GDP from this aging population could be as much as 4%, James Pomeroy, HSBC's global economist, previously told Business Insider.

Previously experts believed that economies would see a post-COVID "baby bump," spurred by a brief uptick in births in 2021.

I call BS.

Sure, families are getting smaller and it’s not just because of economics/finances. Yet kids are still being born. It’s almost like people are free to do what they want even if that results in fewer consumers and workers. The horror.

Let’s keep listening to central planning economists though.

It’s terrifying for the .gov because it’s dependent on the size of the tax base. Fewer people mean less tax revenue and no part of the bureaucracy wants that.

That's what happens, when you have an embarrassing wealth gap, like we do.

 

[braalian]

Choosing to be a DINK to "save money" for vacations and material goods is.

What if you just don’t want kids?

Why does it have to be some vast universal norm?

It’s a personal decision, not a group decision

 

[Unkotare]

What if you just don’t want kids?
...

Because.......?

 

[westwall]

Because.......?

That's not an answer

 

[braalian]

Because.......?

Any number of reasons

Aside from the “selfish” reasons you cited revolving around having more disposable income, maybe some people don’t really like kids

Not every human being on the planet enjoys kids. That’s not such a terrible thing.

I know many women who probably never should have become mothers and likely would have had much happier and more productive lives if they had never succumbed to the pressure of the idea that every woman on earth’s role is an incubator for making babies

 

[braalian]

That's not an answer

I mean, he never really answers a question.

That’s apparently his thing

 

[Unkotare]

...

Not every human being on the planet enjoys kids. That’s not such a terrible thing.
...

It's sure not a good thing.