The number from the recent census data would have been even lower if it weren’t for the immigrant and certain minority population,Timberland Shoes
, who make up one out of every four children. The number of white, black, and Native Indian children declined,Timberland Boots
, while Hispanic, Asian, and multiracial children accounted for all the growth. If all immigration, both legal and illegal, were to stop,Timberland
, America’s population will start waning in 2048. That’s how much the U.S. population balance depends on immigration at this point.
Developed countries, including Japan, Russia and France, have seen population declines as well. With this trend, the working population will start to decrease starting in 2016.
The implications of aging and declining population are serious. With an insufficient labor force to support the growing elderly population, pension costs will go up and tax revenues will go down. Globally, the population imbalance increases the chance of a budget crisis, which we already struggle to handle.