Researcher:
Abortion is $38.5 Trillion Drag on the Economy
In its latest estimate on the economic impact of abortion, the Movement
for a Better America is reporting that the abortion toll is projected
to climb to a new high of 52,333,000 as of January 22, 2010, the 37th
anniversary of Roe V. Wade.
The group also estimated that the economic impact has risen to $38.5
trillion in lost U.S. Gross Domestic Product (GDP) since 1970.
“This year alone, the impact involved another $2.45 trillion, or
roughly equal to half the GDP of Germany and France combined,” said the
Movement in a press release.
MBA President Dennis Howard, who has been researching the economic
impact of abortion since 1992, said, “The number of lives lost to
surgical abortion has reached 17% of the total U.S. population of
307,000,000. So it’s not surprising that this year’s increase is
equal
to 17% of U.S. GDP.”
The estimates are based on average GDP per year since 1970 after
abortion became legal in our largest states and the cumulative number
of abortions.
The estimates do not include babies lost to abortifacients and
contraception because of the lack of public data. Said Howard:
“However, the economic impact of these is similar to abortion. My guess
is they would double the impact based on abortion alone.”
Howard has been warning since the mid-1990’s that the US faced a major
financial crisis based on ongoing demographic trends. In 1997, he
wrote: “I see little hope that we can avoid an eventual crash on Wall
Street that will make the 1930’s looking like cashing in your cards
after a bad game of Monopoly.”
He even gave percentages as to when a crash would occur. He wrote then:
“I’d give it a 50% chance of happening by the year 2000, an 80% chance
by the year 2010, and a 100% chance of happening by 2020.”
Howard cited the collapse of the former Soviet Union as an example of
the impact of demographics on economies. “The main reason for their
collapse was internal – 300 abortions for every 100 live births for
decades ... Right now, there are not enough younger women to reverse
their population decline. They could lose another 40 million people by
2050.”
“Meanwhile,” he said, “the Muslim world is going in the other direction
– with rates of natural increase 5 to 6 times higher than ours. They
will own the second half of this Century unless we reverse course.”
Source:
LifeSiteNews.com
Publish
Date:
January 20, 2010
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The IFRL is the largest grassroots pro-life organization in
Illinois. A non-profit organization, that serves as the state
coordinating body for local pro-life chapters representing thousands of
Illinois citizens working to restore respect for all human life in our
society. The IFRL is composed of people of different political
persuasions, various faiths and diverse economic, social and ethnic
backgrounds. Since 1973 the Illinois Federation for Right to Life has
been working to end abortion and restore legal protection to those members of the
human family who are threatened by abortion, infanticide and euthanasia. Diverse though we are, we hold one common belief - that
every human being has an inalienable right to life that is precious and must be protected. IFRL is
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