As we all know, there are so many effects that abortion has on our society and the whole world. What seems to be overlooked is how abortion can hurt the economy. People make the mistake that abortion is solely a moral issue, and therefore cannot be related to the effects of the economy.
In the United States, we have a national debt nearing $16 trillion, which has surpassed the nation’s annual GDP. In other words, our federal government is spending beyond our means. Since abortion was legalized in 1973 by Roe v. Wade, over 50 million babies have died, with over 3,000 killed on a daily basis. Read more... (679 words, estimated 2:43 mins reading time)
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The Economic Effect of Abortion: Billions and Billions Lost
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A study conducted by a researcher at the University of Maryland shows that legalized abortion has led to higher rates of crime and increased murder rates. The occured because a higher percentage of children grew up in single-parent homes during the years following Roe v. Wade.
The findings have been published in the April 2007 issue of the academic journal Economic Inquiry and are part of a new book written by researcher John R. Lott.
According to Lott, the high court’s decision ultimately resulted in more out-of-wedlock births, a reduction in the number of children adopted and fewer married parents. Read more... (2015 words, estimated 8:04 mins reading time)
Abortion also has contributed to population decline and demographic changes. The U.S. birth rate has dropped to the lowest level since national data has been available. In 2002 the birth rate fell to 13.9 per 1,000 – down 17 percent since 1990. This results in a demographic shift to an older population known as “population aging” where the share of the population of working age shrinks and the labor force grows older. This demographic phenomenon will have negative effects on the economy, especially as workers reach retirement age leaving fewer people engaged in productive work.
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Since Roe vs. Wade legalized abortion, creating an abortion industry, we’ve seen 45 million unborn babies aborted in this country.
An estimated 17 million of them would be contributing to the economy today, paying taxes, and paying into Social Security; but they will not be there.
In 2025, when Social Security is projected to be in real trouble, I wonder if anyone will stop to think about the missing persons who might have averted it? They alone could not make up the entire shortfall, but they would’ve helped immensely.
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What Do 40 Million Lost Lives Mean?
The simple response to the abortion advocates’ case is that most children inevitably grow into adults. They work and pay taxes, or otherwise spend, save, invest, and innovate. Economists attest that even before these children reach adulthood, their very be-longing to a large and growing population spurs economic growth. The following four points give an overview of why abortion does not help, and in fact may be hurting, the U.S. economy. Read more... (426 words, estimated 1:42 mins reading time)
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Why Abortion in America is a Social Problem
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