Sunday, August 26, 2012
Akin, Abortion and Our Tax Burden
As of the year 2000, legal abortion reduced the U.S. population by about 11 percent. Reduction in population translates into an equivalent percentage reduction in economic output, according to economists. This means that abortion has cut today’s 15 trillion economy by at least $1.7 trillion.
The core of our entitlements crisis lies in dropping population growth rates, resulting in an aging population. This places a growing tax burden on a smaller labor force to cover the retirement and health costs of our elderly. The current deficit in Social Security is due to this shrunken work force, diminished in size due the ravages of legal abortion.
Whether or not Todd Akin bows to pressure to exit his Senate race will not change the fact that the core problem in our country is moral and the poor economy reflects this.
When Republicans try to hide from morality and abortion, they hurt the party and our country.