Sunday, December 14, 2008

Another Industry Hurt By Economic Crisis

This is the WORST ONE YET!!

"As joblessness, anxieties rise, rate of birth may fall" by Jessica Guynn, Los Angeles Times | December 14, 2008

SAN FRANCISCO - .... As the financial crisis reverberates through Wall Street, Washington, and beyond, it is taking a personal toll on couples who are making the painful decision to postpone starting - or growing - their families. Once hopeful about their ability to provide for children, prospective parents are now filled with gnawing doubts as jobs vanish and retirement savings dwindle - even as the cost of having and rearing a child rises.

Many economists fear the recession will become one of the worst since the Great Depression. When that hit in the 1930s, the birthrate dropped precipitously, and the effects of having fewer people in the workforce rippled through the economy two decades later....

I don't know; not much else to do without a job...

:-)

If true, :-(

No job and no sex?!

Baby booms and busts are reliable, if lagging, economic indicators, intertwined with the rise and fall of the nation's fortunes....

Well, that helps the global sickies who want to get rid of us "useless eaters."

Demographers say it's too early to tell what effect anxiety will have on the birthrate, which is already difficult to forecast with so many factors in play, including immigration and birth control....

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