Millennials aren't old enough for this to be valid IMO as a generalisation I would say the number one factor is that we are pretty much priced out of decent housing which is only getting worse and wages have stagnated for us, I will reserve judgement on whether the millennials aren't getting conservative once we start hitting our 50s and 60s which is when the selfishness of a generation really kicks in. The Gen X were the so-called depressed generation of the 1980's and they latched on to boomer mentality and kept it going and are starting reap the benefits themselves now which the graph shows a rise in conservative beliefs for them.
I don't think politics is why people are having less kids there's definitely multiple elements such as women are educated in higher numbers now, price of living is drastically rising, housing is not affordable, technology has stagnated a lot of men. Most people pretty much can't afford to have kids, I was talking to a co-worker the other day about how much basic shit for a kid like nappies costs and it's outrageously expensive.
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