I&#x27;m sorry, but basically anyone familiar with the demographics disagrees with you.<p>(1) a TFR of 1.2 is not slowly shrinking, it is a collapse<p>(2) you end up a dependency ratio of more than 1 retiree per worker very quickly.  So no, it&#x27;s not good news for anyone born today.<p>(3) it is even worse, because Japan has the world&#x27;s longest life expectancy.  so that 1 child is going to have to support 4 generations of senior citizens.<p>Any kid born today is going to be burdened by an incredibly expensive social net, making it even HARDER to afford to have enough children to even manage replacement.   It is a serious catastrophe.