Catherine Rampell Joins the "It's Hard to Get Good Help" Crowd

Catherine Rampell used her column to note the decline in birthrates among millennials. She identifies the weak economy as a main factor behind the drop. However she warns that this drop in birthrates is "bad news for older folks" because:

"for economic reasons — including cultivating the next generation of Americans to work and pay for the benefits of their many, many elders — we still need more babies."

This is not true. If we have fewer people entering the labor force, we would expect that...