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Yellen: Banning abortion would be 'very damaging' to U.S. economy
Reuters via Yahoo ^ | May 10, 2022 | By Victoria Guida

Posted on 05/10/2022 10:43:46 AM PDT by Oldeconomybuyer

Treasury Secretary Janet Yellen on Tuesday argued that banning abortion would be “very damaging” for the economy by reducing women’s ability to balance their careers and their families.

“I believe that eliminating the right of women to make decisions about when and whether to have children would have very damaging effects on the economy and would set women back decades,” she said in response to a question at a Senate Banking Committee hearing.

In her comments, Yellen said the 1973 ruling helped allow women to finish school and increase their earning potential, leading to higher participation in the workforce.

“Research also shows that it had a favorable impact on the well-being and earnings of children,” she said. “There are many research studies that have been done over the years looking at the economic impacts of access or lack thereof to abortion, and it makes clear that denying women access to abortion increases their odds of living in poverty or need for public assistance.”

Sen. Tim Scott (R-S.C.) later in the hearing pressed her on her answer, arguing that framing the issue of abortion around labor force participation “feels callous to me.”

“It means that children will grow up in poverty and do worse themselves,” Yellen responded. “This is not harsh. This is the truth.”

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Culture/Society; Government; News/Current Events; Politics/Elections
KEYWORDS: abortion; eugenics; life; yellen
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1 posted on 05/10/2022 10:43:46 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Uhm...”Burn in hell”?


2 posted on 05/10/2022 10:45:25 AM PDT by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: Oldeconomybuyer

Banning abortion would irreparably harm the trade in baby body parts.


3 posted on 05/10/2022 10:45:27 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Oldeconomybuyer

There you have it … population control to eliminate the poor and minorities.

She said the quiet part out loud.


4 posted on 05/10/2022 10:45:30 AM PDT by CWW (Pray for God's Protection!)
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To: Oldeconomybuyer

It may also cause Climate Change and would probably make Putin invade Poland.


5 posted on 05/10/2022 10:45:38 AM PDT by ClearCase_guy (It's hard to "Believe all women" when judges say "I don't know what a woman is".)
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To: Oldeconomybuyer

In that case, IQ tests for all, anyone under the norm gets gassed…


6 posted on 05/10/2022 10:45:39 AM PDT by EEGator
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To: Oldeconomybuyer

What a complete idiot


7 posted on 05/10/2022 10:45:43 AM PDT by Nifster (I see puppy dogs in the clouds)
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To: Oldeconomybuyer

Women? I am unfamiliar with that word.


8 posted on 05/10/2022 10:45:51 AM PDT by Leep (Don't say God.)
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To: Oldeconomybuyer
work....murder.....work....murder...

Plenty of women have figured out how to work, go to school and raise kids at the same time.

9 posted on 05/10/2022 10:45:57 AM PDT by Sacajaweau ( )
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To: Oldeconomybuyer

70 million or more dead.

Some could be grandparents by now.

Tell me again how abortion is a boon? Because the ground is soaked in innocent blood that cries out to the Lord for justice....


10 posted on 05/10/2022 10:46:12 AM PDT by Rurudyne (Standup Philosopher)
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To: Oldeconomybuyer

The slaughterhouse known as Planned Parenthood gives BILLIONS of dollars to Democrats..so the Dems dont want to lose their cash cow


11 posted on 05/10/2022 10:46:27 AM PDT by Sarah Barracuda
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To: Oldeconomybuyer

I have no words for such stupid statements. Why bother anyway?


12 posted on 05/10/2022 10:47:33 AM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: Oldeconomybuyer

I always look to an old failed libtard treasury Fed to convince me genocide is good 🤪


13 posted on 05/10/2022 10:48:06 AM PDT by NWFree (Somebody has to say it)
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To: Tell It Right

And money laundered into the DNC.


14 posted on 05/10/2022 10:48:56 AM PDT by RushIsMyTeddyBear (Miss you Rush!)
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15 posted on 05/10/2022 10:49:10 AM PDT by proust (All posts made under this handle are, for the intents and purposes of the author, considered satire.)
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To: ClearCase_guy

Dogs and cats living together...


16 posted on 05/10/2022 10:49:39 AM PDT by Rebelbase
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To: Oldeconomybuyer

Dumb cow needs to stay in her lane


17 posted on 05/10/2022 10:50:16 AM PDT by stuck_in_new_orleans
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To: Nifster

Manifest evil


18 posted on 05/10/2022 10:50:54 AM PDT by gibsonguy
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To: Oldeconomybuyer

Stay in your lane Yellen.


19 posted on 05/10/2022 10:51:21 AM PDT by AU72
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To: Oldeconomybuyer

Its all about killing the black babies, she said.


20 posted on 05/10/2022 10:52:19 AM PDT by FlyingEagle
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