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It won't make people have enough kids to renew the population though otherwise birthrate would have been higher than it was in the 70s and 80s
In what country?
I'm talking about raising wages by 40-70% in the US.
Pipe dream, but if it happened the fertility rate would increase.
It's the same story in all countries as they become developed, access to birth control and people having other more interesting shit to do means they don't want to have kids, no matter how easy it is for them.
Finland: 1910 to 1930 4.7 to 2.4, 1950 to 1975 3.4 to 1.6, between 1.5 and 1.9 since then.
https://www.statista.com/statistics/1033730/fertility-rate-finland-1800-2020/
Look at Canada's numbers the second the pill becomes available in the 60s (years before Reaganomics and at a time where people were still able to make it on a single income)
https://www150.statcan.gc.ca/n1/pub/91f0015m/91f0015m2024001-eng.htm
UK, going down since the end of the industrial revolution
https://www.statista.com/statistics/1033074/fertility-rate-uk-1800-2020/
People just don't want enough kids to renew the population when they're given the choice to do something else, it's that simple.
Heck, increased income is associated with decreased fertility, it's been known for decades at this point! How come the rich don't have tons of kids? They don't have to stress about money, right? How come poor people have more kids than the middle class? It's not as if they have a surplus of cash or can afford to only have one parent working, right?
France made childcare and education free and relatively high quality and look at that! They have just under replacement level fertility!
Some people do want children. Not everyone, but lots of people do. It's true that wealth depresses fertility, but you can have a sustainable society if you give people financial security.
I'm willing to believe there are some cultural issues at play, not just the economics, but that is for demographers to tease out.
The American congressional representatives have an average of 2 children. Replacement rate. Get our standard of living up to that and you will see fertility go up.
https://fr.statista.com/statistiques/472322/natalite-france/
Downward trend
Longer term
https://www.statista.com/statistics/1033137/fertility-rate-france-1800-2020/
Downward trend
Replacement rate is 2.1, not 2
Nice for congressional representatives, did you take a look at their age? Average is 58 and 64 in the Senate, median is 58 and 65 respectively from what I'm finding. They're not people who are making the choice to have or not have kids right now.
maybe because regardless of money, some people don't want to have and raise kids in the shitshow this world has become over the last 30 yrs?
Look at long term trends, it's not a 30 years thing, 100 years ago Finland was getting close to being under minimum required to renew its population.
When women get rights, people get education and people have access to birth control, they stop having kids, the situation in the world at the moment only adds more reasons but even in a perfect world people wouldn't have enough kids to renew the population.