It's 2026 now and we know for sure that applying purely economic stimuli did nothing substantial to birthrate anywhere. FWIW kids of rich parents do not procreate somehow better even if they are not constrained by housing market.
Economic stimulus does nothing about affordability of goods in a shortage. Quite the opposite, economic stimulus just causes inflation for goods in a shortage. Which is exactly what we’ve seen for 15 years.
Early childhood public spending as a percentage of GDP has a strong positive correlation with fertility. That is, among nations that have already experienced the fertility drop associated with women's employment.
1. The Economics of Fertility: A New Era, p50, https://www.nber.org/papers/w29948
> FWIW kids of rich parents do not procreate somehow better even if they are not constrained by housing market.
I don't think this assertion holds true at all: https://i.redd.it/5wy659956rsc1.png