Key economic factor: Abortion

Key economic factor: Abortion
Exclusive: Mychal Massie highlights financial impact of 45 million terminations

By Mychal Massie
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Posted: World Net Daily: December 22, 2009
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With abortion, there is a real economic toll – but it’s not something you hear Jackson, Sharpton or the Congressional Black Caucus complaining about. In fact, they all support abortion.

Yet abortion does have negative consequences for the American economy and for the economic well-being of the black community in particular.
To hear abortion proponents talk about it, infanticide is an economic boon. In a reprehensible 1998 U.S. News and World Report article, a child was called “a high-priced consumer item with no warranty.”

Taking a page from abortion icon Margaret Sanger – who promoted abortion in large part for reasons of eugenics – less kids means less welfare spending, less unemployment and lots more money to spread around.
Actually, the opposite is more likely to be true.

In a telephone interview, Mark Crutcher, President of Life Dynamics Inc., said, “The cost, if calculable, would be astronomical to the point of the average person being incapable of comprehending it.”

While Crutcher is right that there is no way to accurately place a price tag on the opportunity costs of abortion, there are plenty of places in society where the effects of abortion are apparent.

In fact, abortion could be considered a key factor in our nation’s current economic crisis.

Consumer spending is the dominant part of our economy. At a time when we are looking to bolster the ailing economy and promote job growth, a baby is one of the best stimulus plans around. Forget TARP and the various Keynesian emergency spending programs promoted by the Obama administration.

A baby necessitates items such as diapers, toys, food, educational materials, clothing, minivans, sports equipment and more. Those needs trickle down to create jobs in the manufacturing and service sectors. Children also create additional jobs in the medical and educational sectors.
As they grow, these babies themselves add to the labor force – promoting the “circle of life.” At a time when our nation has an influx of legal and illegal immigrants to meet labor demands, it is silly to believe the arguments of the abortion lobby that population control is a good thing.

We’re also talking about quality, and not just quantity.

As the late economist Julian Simon noted: “In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge.”

Nearly 45 million members of the labor force have been obliterated by abortion over the past generation. How many of those people could have kept our auto industry solvent? How many might have developed the cure to cancer or cold-fusion to help make our nation energy independent?

And then there is the coming Social Security and Medicare crisis.

These two programs, once considered a safety net, are now a virtual lifeline for so many elderly and impoverished Americans. When created, the programs’ solvency was based on large numbers of people in the work force paying into them to provide for smaller numbers of retirees. The post-war baby boom and the expansion of coverage has turned these calculations on their heads. In short order, more money will be paid out than is being paid into the system. That means fewer benefits and/or more payroll taxes.
While Social Security is being unmasked as a Ponzi scheme that makes Bernie Madoff look like a three-card monty huckster, a larger workforce would help stave off the eventual and shocking collapse of the program at least a little while longer.

But what about blacks in particular?

Crutcher also said, “Abortion has cost blacks tremendous political power. You cannot reduce the black American population by – in some estimates – as much as 40 percent in the last 35 plus years and not have a debilitating political impact that equates further to verifiable economic loss, even if the loss is astronomical to the point of being incalculable.

In part, Crutcher is referencing to the black plateau in the growing diversity of America. The Hispanic population is growing in size while blacks remain stagnant. Why? Crutcher says it is in large part due to the heavy promotion of abortion in the black community.

Susan Cohen, writing for the Guttmacher Policy Review in 2008, noted, “The abortion rate for black women is almost five times that for white women.”

Black Americans were brought to this continent in chains. After emancipation, we were subject to unfair laws that restricted the freedoms we were promised. Discrimination has robbed us of opportunity.

Now, even with a level playing field, blacks are still being pushed into a corner because of abortion.

While the economy of the entire United States teeters on the brink, blacks – who, as a community, are making their way up the socio-economic ladder – stand to lose the most.

By promoting abortion as a means of population control, there is much more to lose than just our morality. Our futures lie in the balance.

Mychal Massie is chairman of the National Leadership Network of Black Conservatives-Project 21 – a conservative black think tank located in Washington, D.C. He was recognized as the 2008 Conservative Man of the Year by the Conservative Party of Suffolk County, N.Y. He is a nationally recognized political activist, pundit and columnist. He has appeared on Fox News Channel, CNN, MSNBC, C-SPAN, NBC, Comcast Cable and talk radio programming nationwide. A former self-employed business owner of more than 30 years, Massie can be followed at http://twitter.com/MychalMassie.

For more on Black Genocide through abortion get the film: Maafa21 ( Clip Below)

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