Economics of Abortion

News: Video Reports
by Paul Murano  •  ChurchMilitant.com  •  June 23, 2022   

Does killing the unborn make cents?

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TRANSCRIPT

Fake-Catholic Joe Biden's treasury secretary claims the economy would suffer if Roe is overturned and more babies are born. In tonight's In-Depth Report, Church Militant's Paul Murano presents a Republican response on how abortion really impacts the economy.

Sen. Tim Scott, R-S.C.: "Did you say ending the life of a child is good for the labor force participation rate?"

The abortion era, beginning in 1973, resulted in the death of nearly 65 million Americans before birth, an unfathomable blow to humanity, too dark and far-reaching to comprehend.

Nevertheless, U.S. Treasury secretary Janet Yellen had an alternative message to a joint economic senate committee.

Janet Yellen, secretary, U.S. Treasury: "I believe eliminating the right of women to make decisions about when and whether to have children would have very damaging effects on the economy."

As if to sell abortion to Congress should Roe be overturned, Yellen summarized the values of her Party of Death.

Yellen: "Women, particularly low income and often black. ... It deprives them of the ability, often, to continue their education to later participate in the workforce."

Committee member Republican senator Tim Scott personifies the child Yellen is recommending for abortion.

Scott: "I'll just simply say that as a guy raised by a Black woman in abject poverty, I'm thankful to be here as a United States senator."

But is Yellen's presumption accurate — that the economy is stronger due to legalized abortion?

Cheri Poss, associate director, Partners for Reproductive Justice: "There are even economic benefits and value that come from abortion."

Studies indicate otherwise.

Dr. Georgia Purdom, author and geneticist: "Economic[s] never outweighs the value of human life from a biblical perspective. We know that, but we're saying even if you look at this from an economic perspective, this argument fails dramatically."

In a response to Yellen, a study conducted by Republicans on the Joint Economic Committee was entitled "The Economic Cost of Abortion." 

Using standard valuation methods, the report reads, "We estimate that the economic cost of abortion to unborn babies in the U.S. was $6.9 trillion in 2019, 32% of gross domestic product (GDP) that year."

It goes on to say, "This cost is 425 times larger than the $16.2 billion loss in earnings that new mothers would be expected to incur over the first six years of the child's life."

Bodie Hodge, writer and researcher: "The average American spends about $10,500 on taxes per year. If you tally that up for the 60 million kids that are missing ... there would be no national debt."

The abortion slaughter transformed America from a civilization of life to a culture of death, with far-reaching psychological, social and spiritual ramifications.

And despite what Democrats are selling to the nation, economics is clearly on the side of life.

The report also calculated, if all the 63 million unborn children killed by surgical abortion had survived, "they would add nearly 20% to the current U.S. population." Of those, 45 million would now be of working age (18–64).

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