The Boomers didn't come out of the current economy. They were born during the post war boom (50s and 60s) when men worked and women didn't.
My grandparents on each side both had at least five kids (although my one grandmother taught at university, it was still relatively easy to get time off and expenses were covered by my grandpas salary alone).
Most of my aunts (including in-laws) went to university and worked career jobs. None of then had more than two kids (except one who had twins the second time and one who had a chain of baby daddies). The only aunt who had five kids worked on a farm with her husband. Nearly all of them made more income relative to their parents.
It's not the economy or even earnings; it's post secondary education, especially for women, that drops birth rates.
The Boomers dropped to replacement levels, even though they were making more. Millenials are at exrinction levels because they are both going to university but not earning as much as the Boomers, relatively.
This also explains why second generation immigrants don't have kids; their parents make sure they go to university to give them "opportunities".
Higher education is a genetic dead end. Sacrificing your life in order to enrich humanity (theoretically) just means you abandon your immediate family.
My grandparents on each side both had at least five kids (although my one grandmother taught at university, it was still relatively easy to get time off and expenses were covered by my grandpas salary alone).
Most of my aunts (including in-laws) went to university and worked career jobs. None of then had more than two kids (except one who had twins the second time and one who had a chain of baby daddies). The only aunt who had five kids worked on a farm with her husband. Nearly all of them made more income relative to their parents.
It's not the economy or even earnings; it's post secondary education, especially for women, that drops birth rates.
The Boomers dropped to replacement levels, even though they were making more. Millenials are at exrinction levels because they are both going to university but not earning as much as the Boomers, relatively.
This also explains why second generation immigrants don't have kids; their parents make sure they go to university to give them "opportunities".
Higher education is a genetic dead end. Sacrificing your life in order to enrich humanity (theoretically) just means you abandon your immediate family.