A declining population of young workers means less workers to service pensioners and others in society. Look at Europe, they have no young people so they have brought in immigrant workers and see how well that is working out for them. Young people spend and consume more, which is good for the economy. Look at Japan and the problems they are having. With their birth rate, they will be extinct in 50 years. When I was younger people believed that children were a blessing, nowadays they are considered a impediment to having a good lifestyle.
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