Father-of-11 Elon Musk says parents should be 'incentivized' to have children to 'create the next generation of humans or spiral into oblivion'

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Elon Musk says group should beryllium incentivized to person children to thrust organization maturation crossed nan world. 

The billionaire father-of-11 warned humanity will beryllium doomed to 'oblivion' if commencement rates drop.

'Having children should beryllium incentivized, not beryllium a financial punishment for illustration it is successful astir countries!' Musk wrote connected X, formerly Twitter, which he owns. 

'We must create nan adjacent procreation of humans aliases spiral into oblivion' he added. 

The connection came successful consequence to Katalin Novak, nan President of Hungary, posting a canvass connected nan tract asking 'should group pinch children beryllium astatine a financial disadvantage compared to those without?'

Tesla tycoon Elon Musk has eleven children and has advocated for pro-natal policies 

Musk wrote connected nan societal media level X, which he owns, that much should beryllium done to incentivize group to person children 

'In Hungary, we would for illustration group pinch children to person a financial advantage' Novak added. 

It comes arsenic Hungary precocious announced a group of pro-natalist policies including taxation exemptions for women pinch much than 4 children, loans that get written disconnected aft couples person 3 aliases much children, thief for first-time buyers pinch kids and entree to government-owned fertility clinics. 

Musk himself 11 children: Techno Mechanicus, Griffin, Vivian, Kai, Saxon, Damian, X, Nevada, Exa and a group of twins whose names are not yet publically known.

The Tesla mogul has made pro-natalist comments before, proclaiming 'if group don't person much children, civilization is going to crumble,' during a mill sojourn successful 2021, Wired reported.

Later astatine a Wall Street Journal arena successful 2022 he reiterated 'The basal constraint is labor, location are not capable people. 

'I can’t stress this enough. One of nan biggest risks to civilization is nan debased commencement rate.' 

The US is grappling pinch a downturn successful birthrates and nan costs of raising 3 children now sets sets nan average American family backmost $54,000 a year - pinch costs rising upwards of $90,000 successful nan astir costly places successful nan country.

Typically, nan value of childcare, housing, food, aesculapian costs and proscription are nan highest for nan first born, pinch an yearly mean of $20,814 nationwide. 

Musk's station was successful consequence to the the President of Hungary , posting a canvass connected nan tract asking astir kid policies 

This drops to $17,413 a twelvemonth for nan 2nd kid earlier falling moreover further to $16,513 for nan third.

SmartAsset examined nan costs of food, childcare, healthcare, further lodging and different necessities crossed 381 metro areas erstwhile a family pinch 2 moving adults adds one, 2 aliases 3 children into their budget.

Ann Arbor, Michigan, is nan astir costly spot to raise kids successful nan US, according to nan study, chiefly owed to its exceptionally precocious childcare prices.

Bringing up 3 children nether 4 successful nan metropolis will group nan mean family backmost astir $91,063 - pinch childcare costs hitting a whopping $22,000 a twelvemonth per infant.

Raising nan first kid costs $31,670, according to SmartAsset, but drops to $28,924 for nan 3rd - a percent alteration of almost 9 percent.

The San Francisco area is notoriously costly - particularly erstwhile it comes to existent estate.

Typically, nan value of childcare, housing, food, aesculapian costs and proscription are nan highest for nan first born

The 3rd kid costs parents astir 20 percent little than nan first, a caller study from financial exertion institution SmartAsset has found

Ann Arbor, Michigan, is nan astir costly spot to raise kids successful nan US, according to nan study, chiefly owed to its exceptionally precocious childcare prices

The San Francisco-Oakland-Berkeley metro area is nan astir costly spot to raise a azygous child, according to nan study, astatine $35,647.

It comes aft a landmark study earlier this twelvemonth revealed childcare costs crossed nan state person changeable up by 220 percent successful 3 decades - acold outstripping nan wide complaint of inflation.

The rocketing costs has forced galore parents retired of nan workforce, acquisition kindness nan Annie E. Casey Foundation found, pinch families facing an effective geographical 'lottery' pinch childcare costs varying by thousands of dollars betwixt states.

Soaring childcare costs are successful portion owed to much parents moving - pushing up request - and nan truth centers themselves are underfunded and under-resourced. 

Childcare businesses past connected margins typically little than 1 percent, nan study noted.


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