Tony Perkins: World on Verge of Reaping Long-Term Consequences of Viewing Kids as Drain on Resources By Tony Perkins for CNS News
Usually, having a baby costsmoney. But in places like Hungary, parents are actually making money — as much as $35,000 for a third child. It’s the country’s latest solution to the falling fertility rate, a problem the U.S. can unfortunately identify with.
Offering parents a little incentive, Prime Minister Viktor Orbán’s administration insisted, isn’t a bribe. “This way they don’t need to wait years to have enough savings to have children.” Faced with a fertility rate that’s below even the European Union’s – 1.49 – the demographic crisis is a serious one. Here in the U.S., the number is slightly higher, but still cause for serious concern. This week, the CDC released the latest birth rate from 2018 – 1.73 – the lowest ever recorded. The drop, a full two percent, means America is well below the replacement levels it needs to renew the population.
Of course, the really bad news is this: the U.S. has been below that replacement level for the last decade. And if anyone ought to be sweating that statistic, it’s Congress. After all, the House just gave the green light to a budget deal that could add as much as $2 trillion in debt to our already staggering $22 trillion. But without a growing pool of future taxpayers, just who do they think will pay it off? With fewer workers in the pipeline to prop up the older generation, it’s no wonder experts are saying America will feel the effects of this shifting family dynamic “for years to come.”
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