While the American family shrinks in size, the ideal family size is growing.
If you ask people the ideal number of children for a family to have, the answers will vary mostly from two to four. Gallup has been asking this question annually, and to the surprise of some, the average answer has been going up, hitting 2.7 this year, up 50% from the early 1980s and the highest number on record since the birth control pill took up wide usage in the early 1970s.
So, if people want two to three babies and a growing share wants more, then why are we having fewer and fewer? It’s easy to blame the cost of raising children, but that answer only gets you so far. Millennials are about as wealthy at this point in their lives as were Generation X and the baby boomers.
— Jeremy Horpedahl 🤷♂️ September 25, 2023 The birthrate has fallen over the past decade, although the affordability of raising a child seems to have improved.
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