2012-01-06

Speaking of demographics and social mood...

A counterpoint to the previous posts on demographics and social mood.

Census: Number of U.S. youth shrinks
he number of people under 18 stood at 73.9 million on July 1, 2011, a decline of more than 260,000 from the previous year. The last drop in the child population was in the 1970s, when most of the 77 million Baby Boomers had reached adulthood. Before that, it was during the Great Depression.
Demographic shifts time perfectly with the drop in social mood. But is the decline embedded in previous social mood declines? Fewer children in the early 40s leads to fewer children born in the 1970s which leads to fewer children in the 2010s, i.e. when these children reach adulthood, they are a smaller cohort.

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