You can’t lose 53 million lives (to abortion) and not also expect it to have a serious economic impact.

Economists tell us that unless we raise taxes, cut benefits, or overhaul the entire system, both Medicare and Social Security will be a crisis in about twenty years.  Why is that?  A big reason is that the prevalence of abortion means there are a diminished number of workers to support the beneficiaries.

In 2008, the Social Security program tells us there were 3.2  workers for  every retired, disabled, or survivor beneficiary.  By 2030, though, there will be just 2.2 workers per beneficiary, that is, the taxes of two people will have to pay for the benefit that three people’s taxes now cover. That’s a heavier tax burden than either individuals or the economy will be able to bear.

Some of this is a consequence of the aging of the large baby boom generation and people generally living longer, but abortion is certainly also taking its toll.

According to estimates provided by political scientist Laura Hussey, Ph.D., of the University of Maryland, Baltimore County, if abortion had not been legalized in 1973, there would have been 17.2 million more people employed in 2008, earning nearly $400 billion in wages and salary.  At the current rates, that would have meant more than $11 billion more contributed to Medicare and at least $47.4 billion more going to Social Security.

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