Skip to main content

Aut****d by Ted Dabrowski and John Klingner via WirePoints.org,

A Centers for Disease Control report on the drop in births nationally has experts worried about its impact on the country’s fiscal and economic situation. Fewer young people could mean a shrinking population and a workforce too small to support the country’s ever-growing number of retirees.

If that’s a problem nationally, then it’s a full-on crisis in Illinois. According to separate U.S. Census data analyzed recently by Wirepoints, Illinois’ birth rate has fallen faster than the national average since the turn of the century. And that’s a real issue given the state’s massive pension debts and its declining population.

Barring structural pension reforms, Illinois will be trapped in a downward spiral where growing government debts fall on fewer and fewer people.

 

Births down

According to the CDC, the number of U.S. births nationally declined to a 32-year low in 2018. The reasons for that were varied; teens and hispanic women are having less children while the increase for older women (ages 40-44) has slowed, among other factors. Births in the U.S. have fallen in 10 of the last 11 years.

State-level data from the U.S. Census Bureau confirms that negative birth trend and shows just how worse off Illinois is compared to other states.

It also captures an additional factor on state births the national average doesn’t: the potential effects of domestic migration. As more millennials move out of Illinois, there’s likely to be a negative impact on births. Illinois lost a net of 107,000 millennials and their dependents to other states between 2012 and 2016, according to data from the Internal Revenue Service. And a Brookings Institution report found Illinois and West Virginia were the only two states in the nation to lose millennials between 2010 and 2015.

https://www.zerohedge.com/news...full-crisis-illinois

Original Post

Add Reply

Post

Untitled Document
×
×
×
×
Link copied to your clipboard.
×