These countries tried everything from cash to patriotic calls to duty to reverse drastically declining birth rates. It didn’t work.
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If history is any guide, none of this will work: No matter what governments do to convince them to procreate, people around the world are having fewer and fewer kids.
In the US, the birth rate has been falling since the Great Recession, dropping almost 23 percent between 2007 and 2022. Today, the average American woman has about 1.6 children, down from three in 1950, and significantly below the “replacement rate” of 2.1 children needed to sustain a stable population. In Italy, 12 people now die for every seven babies born. In South Korea, the birth rate is down to 0.81 children per woman. In China, after decades of a strictly enforced one-child policy, the population is shrinking for the first time since the 1960s. In Taiwan, the birth rate stands at 0.87.
Absolutely. Taking healthcare costs off our backs would go a long way. The birth of my first kid absolutely wiped out the savings I had built up since getting out of school, and that was WITH insurance coverage. Six years of careful planning and saving just flushed down the toilet in an instant. There’s just no financially-responsible way to manage the risk of a hospital bill that could range from hundreds to hundreds of thousands depending on what does or doesn’t go according to plan, not to mention the following 18+ years of unknowns. It’s kind of a wonder that people are still having as many kids as they are these days.
Not to mention insurance won’t tell you what they cover until you have someone done. “Do you cover this” could mean they cover 10%, 70%, or 100%, and they don’t even know what their system will approve. This is with good insurance. Unless you are apart of the top 5% then everyone can be wiped from you very quickly without notice. Eat the rich anyone?
Not that we had much choice along the way, but you’re right, we were almost completely in the dark about how much anything was going to cost as it happened. Various groups were mailing us bills for the full amounts even before insurance had settled their portion. Nobody in the entire insurance and billing game is on your side.