Children vs. factory orders

The economy exists for man, not man for the economy

Those on the humans-are-a-disease edge of the left have sunshine on a cloudy day: “Americans having fewer babies is crimping consumer spending.” Hey Lefty, don’t say President Obama never gave you anything.

Peter Singer and Planned Parenthood notwithstanding, a declining national birth rate is a bad thing; but the headline misstates the real problem. It’s not that fewer babies leads to slow economic growth; it’s that slow economic growth results in fewer babies.

UPDATE: Fixed link


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