According to Jonathan V Last, America needs to make more babies, so we can have more incentives to make more risky investments and have enough military cannon fodder for the next protracted war:
In his essay America's Baby Bust, he explains that we need to start procreating fast:
"Low-fertility societies don't innovate because their incentives for consumption tilt overwhelmingly toward health care. They don't invest aggressively because, with the average age skewing higher, capital shifts to preserving and extending life and then begins drawing down. They cannot sustain social-security programs because they don't have enough workers to pay for the retirees. They cannot project power because they lack the money to pay for defense and the military-age manpower to serve in their armed forces."
The whole article is a hoot. An ageist, Asian-bashing hoot.
http://online.wsj.com/...
Here are some things Jonathan V. Last suggests we do to remedy this problem:
Cut Social Security, so people will make more babies to care for them in old age.
Cut College, (and replace them with employers) so people will make more babies sooner.
Take people out of urban areas, so they will make more babies.
I'm surprised that rape-babies aren't included as the answer.
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