Cultures as different as Italy and South Korea are facing the same crisis: declining birth rates that have fallen far below what is needed to sustain a population and an economy.
Italy just reported another drop in its birth rate to its record low, decreasing by a startling 34.2% since 2008. There were nearly twice as many deaths as births in Italy last year, and the average number of children per woman has declined to only 1.2, far below the 2.1 necessary for a population to survive.
Elon Musk told Italian Prime Minister Giorgia Meloni in Rome last year: “Every year I look at the birthrates and it’s kind of depressing…One can’t depend on other countries for immigration. Italy is the people of Italy. Please make more Italians.”
South Korea, a prosperous nation with more Christians than any other faith, is in panic mode as its birth rate per woman fell to only 0.72 in 2023 and is projected to fall further this year. The country we saved in the Korean War is on a path to self-destruction by failing to have enough children.
Measures being considered in South Korea are instructive because the United States is on a similar course, as our birth rate has continued to fall since Obama was elected president in 2008. Young women are the demographic most influenced by political ads, and billions have been spent by the Left in promoting every alternative other than starting a family and having children.
CBS News recently reported that a South Korean company Booyoung is providing employees with a bonus of $75,000 for each new child that they parent. South Korean tax law allows companies to treat such bonuses as business expenses up to that amount, while American tax law generally fails to incentivize having and raising children.
Developed countries need to face this issue head-on or they should expect collapse.
