Baby Boom or Baby Bust?

These days, we wonder a lot about the long-term impacts of the COVID-19 pandemic. What will this crisis mean for our jobs? Will schools be open in the fall? When will we be able to return to our favorite activities? One topic that you’re probably not thinking about — but that will have a huge national impact — is birth rates. Melissa Kearney, a professor of economics at the University of Maryland and a senior fellow at Brookings, argues in a recent report (co-authored with Wellesley College professor Phillip Levine) that we are headed for a baby bust.