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America in the Midst of a Baby Bust?

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  • Description

    FBN’s Lou Dobbs on the fertility rate in America and its potential impact on the economy.

  • Duration 3:12
  • Date

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Louisiana has one of the smartest governors in the country governor Bobby Jindal he's a Republican.

He recently -- the Republican Party needs to stop being that stupid part.

Oh I'm sorry governor but there is a lot of stupid going on in Washington and it it's not all Republicans believe me.

Both parties are frankly now the parties that stupid.

I don't know about you.

But I Brinkley tired of all -- talk about budget seek frustrations entitlement spending.

When we've got so much going on in this country that frankly is influencing the outcomes.

And outcomes by the way include.

The amount of entitlement spending those deficits in the way in which are.

Elected officials are speaking to a loss in the decisions that they're making and not making.

We need to start talking in this country about the bigger problems the bigger issues in the bigger ideas.

Tonight we're going to talk with an author says America's spacing and -- -- cliff.

-- demographic potentially disastrous.

America is in the midst above baby boxed that's right a baby bust.

And -- get much worse before we can turn it around.

America's fertility rate.

Is one point.

And I.

Which means it's short of replacement -- we don't have enough babies.

Or replacing the current population.

And we take a look at -- proxy from middle class white college educated women.

They have the fertility rate of one point six even worse.

So how do you put that in context how low is that.

Right you've likely heard a lot about.

China and its dreaded awful one child policy.

-- our middle class.

There's just 110 of a percent.

110 of -- point.

Higher than China's.

One point.

Five.

Fertility rate.

So what happens when your children -- -- Well Japan is a study and demographic disasters.

From the 1950s to the 1970s.

Japan had an average economic growth of five point 4%.

Five point 4%.

This is Japan.

And over that almost quarter century.

That's an extraordinary performance but then all over the past two decades.

Because of that -- and fertility rate.

Their economy has grown by an average of just -- -- -- on average.

1%.

-- -- Japan's fertility rate plummeted over that same period it stands.

At one point three.

-- -- on site we're going to be talking about what our country is doing to itself.

And why politicians don't have the guts.

Or perhaps the -- To address this crisis.

The author will be talking with tonight is Jonathan -- And his book is entitled.

What to expect.

When no one's expecting.

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