🌐 Global Economy
Apr 14, 2026
How Do Fertility Rates Affect US Fiscal Sustainability?
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The Issue:
A decreasing proportion of younger people increases the share of elderly dependents relative to the working-age population, lowering the government’s tax revenues and raising spending obligations. The U.S. federal government debt has reached levels not seen since the aftermath of World War II, and is projected to continue rising over the next three decades on an unsustainable path. How have past fertility trends contributed to the government’s spending and revenue and high federal deb
A decreasing proportion of younger people increases the share of elderly dependents relative to the working-age population, lowering the government’s tax revenues and raising spending obligations. The U.S. federal government debt has reached levels not seen since the aftermath of World War II, and is projected to continue rising over the next three decades on an unsustainable path. How have past fertility trends contributed to the government’s spending and revenue and high federal deb
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