Birth Rate & Wealth

Are birth rates declining? Dangerous Dave talks about how smart phones are affecting birth rates. Plus, Elon is a trillionaire, should there be a limit on how much wealth someone can have?

Episode Transcript

Speaker 1 (00:00):
Please snip deeper in the din with dangerous day. Well,
your smartphone could be your newest form of birth control.
The question researchers are asking after two recent studies found
the connection between your smartphone and declining fertility rates. One
study from the National Bureau of Economic Research looked at
the rollout of the iPhone of two thousand and seven.

(00:22):
Researchers found that countries with early access to iPhones saw
birth rates drop between four and eight percent among teens
and three six percent among women in the early twenties.
Researchers say smartphones aren't the only reason people are having
fewer kids, but it plays a role. They're changing their behavior.
People spend more time on their phones, spend less time
socializing in person. That means less hanky panky. Apparently. A

(00:46):
separate study examining one hundred and twenty eight countries found
birth rates tend to decline faster as smartphones become more widespread.
Some experts point out the US teen birth rates had
fallen for years before smartphones a row, so apparently smartphones
could be affecting birth rates. I don't know too much
wordle not enough flirtle deeper in the two there's one

(01:09):
person you're not going to be hearing it complain about
grocery store prices. Elon Musk world's first trillionaire, worth one
point three trillion. That means he's worth a trillion more
than the next richest people, Larry Page and Sergei Brinn
of Google, worth three hundred billion each. And by the way,
for you non math majors, a trillion is one thousand billion.

(01:30):
A poll asked American should there be a legal limit
on how much personal wealth one person can accumulate more
than Seventy five hundred people weighed in, and thirty percent
of people said yes, there should be a limit, fifty
one percent said no, twenty percent were not sure. On
one hand, the American capitalist way is allowing hard working
people to amass as much wealth as possible, but at

(01:51):
the same time, it runs counter to your desire to
get a raise, keep your job, or get hired, because
apparently maximizing wealth paying others as little as poss for
what it's worth. When asked about Elon specifically, thirty two
percent of people said he deserved to have the trillion,
fifty one percent said he didn't, seventeen percent said not sure.
So does having insanely rich people benefit regular folks. The

(02:14):
poll asked to people with one hundred billion or more
generally contribute more to society than they take from it,
or do they take more than they contribute. Twenty four
percent said they add more. Fifty three percent said they
take more from society than they contribute. But you understand millionaires, billionaires, trillionaires,
people who own businesses. There's a lot of people that

(02:34):
are riding that train, a lot of people on staff,
a lot of people that work for these businesses. You
don't amass money without building businesses that are profitable. Profitable
businesses can hire people. These people in turn make money
and can turn around and invest as well. The other
thing is is too, is that most of his businesses
are publicly traded. You want to be a part of

(02:56):
the gravy train, you better start buying some of the stock.
I'm hoping to buy stocks soon as I become a
hundred er. Tuning again for another episode of Deeper in
the Den with Dangerous Daved Bright. Dear