Chart Of The Day

The US birthrate has hit a new low:


Ezra Klein captions:

A key contradiction in American public opinion is that many people simultaneously think that immigration is bad for the economy (“they’re taking our jobs!”) and that a low birthrate is bad for the economy. But they basically lead to the same economic problem: too many old people, not enough young people. The United States is lucky in that much of the world — including many people with lots of skills — wants to come here. The fact that our birthrate is dropping only strengthens the case for letting them in.