Barone: Fewer dollars, babies threaten social programs
Our major public policies are based on the assumption that America will continue to enjoy growth. Economic growth and population growth.
Through most of our history, this assumption has proved to be correct. These days, not so much.
Last week, the Commerce Department announced that the gross domestic product shrunk by 0.1 percent in the fourth quarter of 2012. And the Census Bureau reported that the U.S. birth rate in 2011 was 63.2 per 1,000 women age 15 to 44, the lowest ever recorded.
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