ENDNOTE: Abortions represent an “opportunity cost”

2018-Aug-25

https://www.bostonglobe.com/opinion/2018/08/22/chelsea-clinton-twisted-argument-about-abortion-and-economic-growth/6ajP713rANYAOizO30hLeN/story.html

No, 60 million abortions didn’t make America richer
by Jeff Jacoby — The Boston Globe — August 22, 2018

*** begin quote ***

HAS ABORTION made America more prosperous? Chelsea Clinton seems to think so.

The former first daughter spoke recently at a “Rise up for Roe” event in New York City, one of a series of meetings organized by NARAL and Planned Parenthood to oppose the confirmation of Brett Kavanaugh to the Supreme Court. In the course of her remarks, she suggested that one way to strengthen support for keeping abortion legal and readily available is to emphasize what a boon Roe v. Wade has been for the US economy.

“American women entering the labor force from 1973 to 2009 added three and a half trillion dollars to our economy,” Clinton said. “The net, new entrance of women — that is not disconnected from the fact that Roe became the law of the land in January of 1973.”

As Clinton sees it, the freedom to destroy unborn children has been a powerful economic stimulus. Her argument is that by legalizing abortion nationwide, Roe freed more women to go to work unencumbered by motherhood, and those women over time have added $3.5 trillion to the US economy.

As a matter of history, economics, and — above all — morality, this is a singularly wretched argument. . . . . . . . 

*** end quote ***

What “loon”!”

First, she ignores the multiplier effect of those 60 million people procreating.  That’s the vitality of the nation.  Japan and Europe are “dying” because of the falling birth rate. the USA is too.

Second, she (conveniently) ignores that all these earning have just gone to pay taxes.  In the old days, one income could support a family.  With the hidden tax of inflation and the increased taxation by Big Gooferment, the women HAD to go back to work to stay even.

Third, she ignores that the lost “human capital” may have created the cure for cancer, the next Mozart quality symphony, or a historic peacemaker.

Argh!

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