Monday, February 28, 2005
Current low birthrates among highly educated women pose a challenge to the U.S. economy and may compound existing social problems, says David Ellwood, Black professor of political economy and dean of the Kennedy School of Government. As a result, the United States faces an imminent shortage of well-educated workers aged 25 to 54. That may mean lower productivity growth, less competitive U.S. companies, and even greater inequality between America's rich and poor.
"We only want the smart ones barefoot and pregnant." And he has a chart!
(Bemused hat tip: Newmark's Door.)