March 2, 2009

inSingapore: Will recession boon be a baby boom?

Posted in Musings tagged , at 7:24 am by myrlinn

We’ve been hearing for weeks now from various members of the Singapore government that the downturn will be severe and prolonged. Yet every cloud has a silver lining, right?

It occurs to me that prices are already coming down for many items, a good thing for older people living on their savings.

And, from a chat with friends the other day, it occurs to me that that maybe the downturn could motivate more people to have babies as well, a goal that the Singapore government has been trying to attain in the past few year’s with Budget incentives.

The conversation:

Friend A: My colleague just told me she resigned. To take a break, and try to have a baby.

Friend B: Good time to do so. The opportunity cost is less now that we are unlikely to get increments no matter now hard we work.

It will be interesting to see if figures next year show an uptick in babies.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: