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https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
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I think there is something they can do, or more to the point, there's a reason the birthrate is so low there. I don't think it's a coincidence that some of the most overworked countries on the planet have such low birthrates. Taking care of children is labor, unpaid labor at that, that has a lot of other expenses associated with it. What I think they could do, is compensate people for it, not some pittance that doesn't cover a fraction of the costs of raising a child, but an amount that would actually be sufficient to make having a kid or not, with a parent (either parent) home at any given point for them, a financially neutral decision for a family (to include the opportunity costs of not working) rather than a very expensive one.
Evolution being what it is, it would seem implausible for the average number of kids people actually would want to have, if it wasn't a burden on them, to be lower than replacement, else the human species wouldn't have come to exist in the first place. For individual people, sure, everyone has their own feelings on the matter, but averaged across society, one would expect most people to desire kids enough if they could manage it to keep the population at least stable.
It would be incredibly expensive, yes, and so the tax burden it would create would probably be unpopular, especially among people that didn't personally gain from it, but continuing the status quo is nothing less than extracting the abstract resource that human labor can be thought of as, at an unsustainable rate. That situation will either end willingly or it will end in collapse.