I came across this article in the Huffington Post, but if you don’t have time to read the article in its entirety here is the Modern Wife recap:
- The article asserts that “young Americans are just too poor to have kids”
- Population growth is at its all-time slowest growth rate since the Great Depression, and the birth rate has been falling since the housing bubble burst in 2007
- Average wage of college-educated 23 to 29 year olds plunged 9% in the last decade
- Three in 10 of these young adults are choosing to move back in with their parents rather than beginning their own households and families
- For the first time in U.S. history, unmarried households outnumber married couples
- Economic growth is expected to continue to be sluggish because the labor force is growing at a slower rate. Population growth is the key driver for consumer spending, housing demand, and household formation
Bottom line is, according to this article: poor economy is propelling many of us millennials to delay or opt out of having our own families.
So what exactly is going on here fellow Generation Y’ers? Are we really too poor, too down and out, too financially strapped to venture out and begin our own households? The more I considered this article the more convinced I became that the economy is just a small little piece of the “millennials aren’t reproducing” pie. We need a generational attitude shift.
I’m going to take you back to early1960 when a young couple decided to get married. Having emigrated to Canada with their respective families as children in 1950, they left behind a war-ravaged European country that had no jobs, little food, and scarce opportunities. With little more than the clothes on their backs and a few pieces of luggage, their families made the long passage across an ocean landing on the east coast at Halifax. From there, a long train ride took them into southern Ontario. These large double-digit families rented small farmhouses built for six and worked on other Canadian farmers’ fields to make a living. Everyone, fathers, mothers, teenagers and young children pitched in.
The Dutch farming community of southern Ontario was fairly close-knit and that’s how this young couple met and fell in love. Barely past their teenage years, they got married and started their own household in much the same manner their parents did: renting and working on other people’s farms. Up until the day they got married, that young man gave his paycheque to his parents. The couple soon welcomed their first child and were thrown into parenthood in living conditions that involved outdoor bathroom facilities.
Year by year and four children later, they worked their tails off and gradually carved out a nice living for themselves. He went to night school and became a technician at a booming car plant and she became a self-employed cleaner when she wasn’t raising children. Fifty-two years later, they are retired and live in the third home they’ve owned, spend their winters in Florida, and play golf in the summer. These people were my grandparents, and they kick butt.
Considering their story, and thousands of other stories from grandparents just like them, the “we are too poor to have children” dilemma just doesn’t add up in this millennial’s mind. Are we actually too poor to have children? No. We think we are. And there’s a lot of other self-interests we want to pursue before we have them. The economy is a just handy excuse to use when you need to keep a grandchild-craving in-law at bay.
We were raised in a culture that promotes the pursuit of personal ambition. We were raised thinking things like televisions, video-games, cell phones, and iPods ranked right up there with water, food, and shelter on the list of life’s essentials. Have a family before you own your home? Shocking! Move out of mom and dad’s place before you have your own high def TV? Oh the humanity! Get married before I’m a senior manager and have a pension set? Stop! You’re killing me! These thoughts cause heart palpitations to millennials.
How can a generation who was raised with everything, be motivated to start out with less than their parents? Though our grandparents and parents had every best intention at heart in wanting to give us more than they had as children, something has become lost on us. Something to do with hard work, sweat, tears, patience, making something out of nothing, and a willingness to roll up our sleeves has become lost on the millennial generation. We want success, we want wealth, and we want it now. Children, families, and “settling down” have to take a backseat until we feel we have it all together.
Of course I am generalizing, of course there are exceptions. But take a good hard look at the 20-somethings in your life and I think you will find some truth to what I’m saying. Is it wrong to pursue a career? Is it wrong to want it all together before we start our own households and have children? Maybe not. But let’s call it for what it is.
No, we are not too poor to have children. My grandparents were too poor to have children, my parents didn’t “have it all” to have children, but they had children anyway.
Thoughts welcomed. Was I too harsh on my generation? Are we too poor to have kids?