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 ...
Why is the Treasury Secretary discussing abortion?
My my, every single Biden administration member is a radical extremist Leftist, no wonder the country is spiraling down.
I too wonder how “woman”‘ is defined. justices are seated on SC without knowing what is a “woman”
“I believe that eliminating the right of women to make decisions about when and whether to have children “
Two things in this idiotic statement.
Yellen telescopes abortion into meaning “right of women to make decisions about when and whether to have children” as if, grotesqely, they have no such right without abortion.
Yellen shows as she often has that she is ten times the political thinker than she is an economist, in spite idiotic politicians who keep putting her in positions with some controls over the economy.
Ah, the old “poor kids are better off dead” argument! Always a fan favourite!
Does she use this logic with illegal immigration? Why do we have welfare?
““It means that children will grow up in poverty and do worse themselves,” Yellen responded. “This is not harsh. This is the truth.””
So what she is saying is that people who live in poverty would be better off if we just killed them?
She actually doesn’t speak for the federal government at all, which has several policies for its own employees that are clearly in place to support families and children (and to the detriment of those who don’t have kids—this is because we as a nation need children to survive and thrive economically, the federal government knows this, and kids alone will help our GDP stay strong).
She’s just talking off the top of her head and the economics don’t back her up. We need to have kids (or import workers).
Is there anyone in any of these nonpartisan government positions that is not a political hack?
There wouldn't be any Democrats.
Hey? Perhaps?
GTH, skank
Yet the supreme court would not be banning abortions like the democrats want everyone to believe.
Is she saying Molech won’t be pleased? If the sacrifices stop will their gods be vengeful?
Ok. If it is simply an economic issue let’s break it down...
“reducing women’s ability to balance their careers and their families. “
First, a woman who aborts her babies does not have a family. Two. Are they assuming none of the tens of millions of aborted babies would become working tax payers???
” denying women access to abortion increases their odds of living in poverty or need for public assistance.”
Welfare and poverty have increased dramatically in the past 50 years.
“It means that children will grow up in poverty and do worse themselves,”
So no one who is born in to a poor family can achieve anything in life??? I thought there was a war on poverty that would end poverty???
If our economy runs on dead babies, maybe we need to rethink our economy and those in charge of it?
Would you please stop posting this Babylon Bee articles, Oldeconomybuyer?
Regards,
The parts of the economy dependent upon abortion would be better off dead.
FU
Sacrificing our innocent babes will ensure a good harvest!
Regards,
There is a better idea.
By Johnathan Swift. "For preventing the Children of Poor People From being a Burthen to Their Parents or Country, and For making them Beneficial to the Publick, commonly referred to as A Modest Proposal"
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