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And? Our fertility rate is still decreasing. The rate at which that clock records births will decline.
Not as fast as our life expectancy is increasing, which means population is still growing. This growth may be slowing down but it is still occurring - and it can pose problems. the only reason why the world supports as many people as it does now is due to advances in agriculture which have bought us a little more breathing room.
We are approaching carrying capacity for the earth, there is not much wiggle room between food supply and demand. We just have to hope technological advances related to agriculture continue to keep pace with the rate of growth, if this does not occur then we will be faced with a population crash, and one not of our choosing.
And yes I am against child quotas or other means of enforcing population control, but I also know that overpopulation is a looming threat, and if and when we hit carrying capacity it will not be a pretty picture as the overpopulation problem self corrects.