The future looks very good for our country in the demographic profile reported by New Geography.
"To many observers, America's place in the world is almost certain to erode in the decades ahead. Yet if we look beyond the short-term hardship, there are many reasons to believe that America will remain ascendant well into the middle decades of this century.
"And one important reason is people.
"From 2000 to 2050, the U.S. will add another 100 million to its population, based on census and other projections, putting the country on a growth track far faster than most other major nations in the world. And with that growth -- driven by a combination of higher fertility rates and immigration -- will come a host of relative economic and social benefits.
“Of course the percentage of childless women is rising here as elsewhere, but compared to other advanced countries, America still boasts the highest fertility rate: 50 percent higher than Russia, Germany or Japan, and well above that of China, Italy, Singapore, Korea and virtually all of eastern Europe.
“As a result, while the U.S. population is growing, Europe and Japan are seeing their populations stagnate -- and are seemingly destined to eventually decline. Russia's population could be less than a third of the U.S. by 2050, driven down by low birth and high mortality rates. Even Prime Minister Vladimir Putin has spoken of "the serious threat of turning into a decaying nation."
“In East Asia, fertility is particularly low in highly crowded cities such as Tokyo, Shanghai, Tianjin, Beijing and Seoul. And China's one-child policy -- and a growing surplus of males over females -- has set the stage for a rapidly aging population by mid-century. South Korea, meanwhile, has experienced arguably the fastest drop in fertility in world history, which perhaps explains its extraordinary, if scandal-plagued, interest in human cloning.
“Even more remarkably, America will expand its population in the midst of a global demographic slowdown. Global population growth rates of 2 percent in the 1960s have dropped to less than half that rate today, and this downward trend is likely to continue -- falling to less than 0.8 percent by 2025 -- largely due to an unanticipated drop in birthrates in developing countries such as Mexico and Iran. These declines are in part the result of increased urbanization, the education of women and higher property prices. “The world's population, according to some estimates, could peak as early as 2050 and begin to fall by the end of the century.”