If fertility drops much below 2. 1 babies per woman, the population will shrink unless it is offset by higher immigration. For this reason, a demographic cloud hangs over China. It may be the first country to grow old before it grows rich. . . . Its fertility rate is below two and its working-age population will start to decline around 2015.
Being a journalist, I never feel bad talking to journalism students because it’s a grand, grand caper. You get to leave, go talk to strangers, ask them anything, come back, type up their stories, edit the tape. That’s not gonna retire your loans as quickly as it should, and it’s not going to turn you into a person who’s worried about what kind of car they should buy, but that’s kind of as it should be. I mean, it beats working.