Source: Show-Me Institute
by Cory Koedel
“Birth rates have been declining in the United States for decades, and there is little indication that the trend will reverse anytime soon. This poses challenges for many of our institutions that were built on the implicit assumption of continued population growth. Social Security is the most prominent example. Because the program relies on taxes paid by current workers to fund benefits for retirees, it depends on a steady influx of younger workers. Social Security is in trouble, and its day of reckoning is not far off. More quietly, schools across the United States are struggling with declining enrollment. After decades of needing more — more buildings, more teachers, more staff — we’re entering an era where we will need less of all these things.” (06/09/26)