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A new report from the CDC and the National Center for Health Statistics showed that in 2023, the US birth rate dropped to the lowest in over a century.

We’ve seen this number fluctuate over the last several years due to the pandemic. First, there was a sharp decrease in the birth rate in 2020 as uncertainty loomed— followed of course, by a rebound. But a 3% drop from 2022 to 2023 brought the birth rate under the previous low from 2020. The data showed that the birth rate dropped across nearly all age groups.

All of this has massive implications on our economy. It means the government and the Fed must keep spending to oblivion and implement rate cuts to counterbalance this demographic cliff. People aren’t having children; it’s too hard to survive in this economy, let alone add more mouths to feed to your family. America cannot afford a recession.

Americans are barely keeping their heads above water. As we’ve covered here on the show, people are drowning in credit card debt, defaulting on loans, cannot afford to buy homes – and now, cannot afford to have children. These economic hardships are impacting people’s lives on every single level.
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