America’s demographic squeeze: Double bind

Posted: December 14, 2012 in economy
Tags: , ,

UK Only Article: 
standard article

Issue: 

Over the cliff?

Fly Title: 

America’s demographic squeeze

Rubric: 

A falling birth rate and much slower immigration presage long-term trouble ahead

Location: 

WASHINGTON, DC

Main image: 

20121215_USP003_0.jpg

ALTHOUGH America’s fiscal problems are among the worst in the rich world, its policymakers long took comfort that, when it came to demography, its outlook was one of the best. Because Americans have so many babies and welcome so many immigrants, they had more room to deal with the coming burden of pensions and health care for the elderly.
But the savage recession of 2007-09 and its aftermath have not just deepened America’s fiscal hole; they have weakened those demographic advantages. America’s fertility rate has been falling since 2007, as has net immigration. Compounding this, the share of the population that is active in the labour force has slipped, both because of …

via Economic Crisis http://www.economist.com/news/united-states/21568398-falling-birth-rate-and-much-slower-immigration-presage-long-term-trouble-ahead-double?fsrc=rss

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