China’s got a shortage of workers, impacting its economy, because of the nation’s years-long limit of one child per family and Russia’s Vladimir Putin fears his nation may lose influence and power as a result of the declining population.
Now the forecast is out that the U.S. economy could come under stress in the future – because of a lack of babies.
Jonathan V. Last, author of “What to Expect When No One’s Expecting: America’s Coming Demographic Disaster,” believes the U.S. is in for a rocky ride in the next few years – demographically.
“We’ve seen a decline in fertility going back to the foundation of this country,” said Last. “The only interruption we had was the Baby Boom.
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