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More men without kids are getting vasectomies, doctors say
(sh.itjust.works)
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But you're forgetting the key rule of capitalism. Line must always go up forever. That means population must always go up to make more workers and consumers. Birthrates are dropping pretty much across the board. The earth is currently projected to hit it's peak population around 2086. Developing countries eventually become industrialized nations. Eventually there will be fewer reasons to emigrate from those countries. Both of those things combined will lead to fewer available migrant workers in "first world" countries.
Sure, this isn't likely to be an issue any time soon but within a generation or two it will start to become an issue. When you're running a country then you really should be planning for the future like that.
Of course the correct fix for that issue isn't to force people to have more children; it's to fix capitalism so that infinite growth isn't a central element. But fixing capitalism would mean billionares wouldn't be able to afford to buy every politician so the politicians won't let that happen.
Don’t worry climate change will ensure we never run out of migrants.
However, climate change may also mean that we hit the population cap sooner.
Pretty sure we hit that awhile ago.