Having been born in a developing countries and went to US for university and work sometime there, I can say that US minimum salary and the other related perks are already significantly way better of most of emerging countries.
People love to tell me I'm insensitive but I say the community needs to step up and do it part to help raise the children. We won't do that. We harp on about "personal responsibility".
I think most* people who don't already have children (me included) should elect to not have children in the current situation. There is no benefit to having children in the west. We don't care after our parents. How can we expect our children to provide care for us? It makes no sense to have children on am individual level. Yes, a shrinking population can wreak havoc to GDP growth rate but what is this GDP growth doing for people out of work and unable to afford health care in Wisconsin?
There is a stigma associated with not having children. It needs to go away. It needs to be the norm and not the exception to have zero children.
I'm 100% on board with this. You can make a lot of mistakes in your life and still pull yourself up if you're unencumbered by marriage and kids. I know from personal experience. I was deep in debt and making poor life decisions in my twenties. It took until until my thirties to get my act together. It was hard, but would have probably been impossible if I had kids to worry about providing for. I'd even say that if you are financially able to support a family, I'd still wait until I get through my twenties before starting. With life expectancy up, there's no reason one can't wait.
> It needs to be the norm and not the exception to have zero children.
I get where you're coming from, and I don't look down on anyone who chooses to never have children, but I don't agree on this point. I know quite a few people who have chosen this lifestyle. I thought for a long time I'd never have kids as well. But now that I do, I couldn't imagine not having any. I think it's more important to wait until you're emotionally mature and financially secure enough to do it. If it's not for you, by all means, don't have kids. Being on the other side of it now, though, I can say that it's quite a transformative experience.
>> financially secure
I think the point of the article is that based on the current trajectory, a big chunk of the population will never get there.
I just searched this on Google:
> According to a 2016 GOBankingRates survey, 35 percent of all adults in the U.S. have only several hundred dollars in their savings accounts and 34 percent have zero. Only 15 percent have over $10,000 stashed away.
https://screenshotscdn.firefoxusercontent.com/images/7323d18...