Birth rates do tend to drop in times of economic uncertainty. There was a dramatic decline in fertility rates following the Great Depression in the 1930s, when, for the first time in U.S. history, women went from having an average of three children the previous decade to two.
In each year after the country’s last four recessions, general fertility rates — calculated as the number of women of child-bearing age per thousand who gave birth — dipped slightly. For example, in the year following the 1973-1975 recession, fertility rates dropped from 68.8 in 1973 to 65 in 1976, according to data from the National Center for Health Statistics, part of the Centers for Disease Control and Prevention. Similarly, following the 1980-1982 recession, the fertility rate fell from 68.4 in 1980 to 65.7 in 1983.
This is terrible, because it means those who can think ahead about breeding are not breeding, while idiots keep surging onward and produce more children even as they impoverish themselves.
Good thinking, humanity.