Musk expects ‘big payback’ due to low birth rate
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Billionaire Elon Musk believes that the low birth rate will lead to a “great retribution.” So he commented on the Reuters publication that by 2033 the reserves of the main trust fund of the US social security system will be exhausted. It turned out that this will happen a year earlier than expected.
“A big payback is coming due to the low birth rate. Japan is a leading indicator,” Musk tweeted.
The US population in 2022 increased by 1.2 million people and reached 333.2 million, reported The Associated Press. The increase was mainly due to migration – more than 1 million people came to the United States from other countries (+ 168% by 2021). The total number of births in 2022 rose for the first time since 2007.
In Japan, in 2022, for the first time since 1899, less than 800 thousand people were born. The authorities called the situation critical. The country’s birth rate has been falling since 1973.
About the birth rate in Russia – in the material “Kommersant” “Demography split in two”.
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