Tag: fertility rate
Abstract In the United States, the current birth rate has declined since the Great Recession. The question is whether this decline is a temporary response to the economic downturn or a drift to the lower levels seen in many other large developed countries. This paper identifies factors from the literature – both cyclical and structura…
The brief’s key findings are: The 2018 Trustees Report shows virtually no change: Social Security’s 75-year deficit ticked up from 2.83 percent to 2.84 percent of payroll. Trust fund exhaustion is still 2034, after which payroll taxes still cover about three quarters of promised benefits. This shortfall is manageable, but action should be taken soon to…
