The calculated annual impact on national income of 1,500,000 economically active additional lives would be (1-4 explained in Footnotes):
Men: $24,409 (1) X .474 (2) X 1,500,000 (3) X 2.5 (4) = $43,386,997,500
Women: $10,899 (1) X .526 (2) X 1,500,000 (3) X 2.5 (4) = $21,498,277,500
TOTAL additional annual national income: $64,885,275,000
Since 1973, approximately 50 million potential American children have been aborted. If they had all lived, their economic impact in the year 2008 (in 1984 dollars) would have been roughly:
Men: 50,000,000 X $24,409 X .474 X 2.5 = $1,446,233,250,000
Women: 50,000,000 X 10,899 X .526 X 2.5 = $716,609,250,000
TOTAL: $2,162,842,500,000
Assuming that approximately 20% of income is absorbed by Federal taxes of one sort or another, these never-to-exist taxpayers would have generated nearly $116 billion in tax revenues in that year (2010) alone.
Of this $2.16 trillion in additional national income, hundreds of billions would have gone toward the Federal Treasury that year.
These figures, then, represent the "Malthusian deficit" or, if you prefer "the abortion deficit" which we are bequething to our shrinking number of children and grandchildren…
The justification of abortion for economic reasons, which is still sometimes heard is fraudulent. The Malthusian reasoning behind "the population crisis" of the 1960s proved to be wholly wrong, as it has in other times and places for nearly two hundred years.
Whatever arguments may exist in favor of "abortion on demand", the economic fate of the nation is not among them.
FOOTNOTES:
(1) Figures based upon U.S. Census Bureau mean income for men, age 18 and over at $17,208 in 1981. For women, the average was $6,684 in 1981. At a rise of 6% per annum, the working figure for men is $24,409 and for women, $10,899.
(2) Among all Americans in 1981 (most recent Censes Bureau data), 18 years and older, .474 were men and .526 were women.
(3) 1,500,000 deaths per year by abortion
(4) A reasonable "economic multiplier" measuring the stimulative impact of one person's economic activity on others is, in this case, 2.5 assuming a marginal propensity to consume of .60 among Americans.
Source: Carlson, Allan C.; Calculating the Malthusian Deficit; Rockford Institute, 1985; published in ALL About Issues, June-July 1988. Updates calculated by American Life League, Inc. P.O. Box 1350 Stafford VA 22554; 703.659.4171
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From 1973 to 2000, approx. 41.5 MILLION American babies have been legally destroyed by surgical abortion.
According to industry trade group Computing Technology Industry Assoc, the US is NOT able to fill 269,000 high-tech jobs, costing US businesses about $4.5 billion annually in lost production.
[HLA Action News, Spring 00]
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Lawrence Roberge, a biomedical scientist & consultant for business and marketing leaders wrote in his book The Cost of Abortion, that the U.S. birth rate, affected negatively by abortion, falls short of replacement levels.
The GDP has declined as the aborted lives move through our economy, resulting in fewer consumers, fewer products, a cumulative loss of over 950,000 teaching jobs, and fewer buyers for items such as cars and houses.
Roberge attributes over one half of the American deficit for 1991 to the aborted lives, and predicts that tax and Social Security revenues will decrease steadily as the aborted lives age and move through the economy along with the echo of their lost children.
Speaking of financial loss, “By the year 2000, the state of Alabama will experience a projected loss of $420 million in tax revenues. By the year 2030, this projected loss will be over $1 billion.
Also, by the year 2030, the elderly (65+) will comprise over 44% of the civilian labor force. Therefore, from an economic perspective, abortion will prove to be a very costly decision for the state of Alabama.” [Dr. Robert Brooks, Associate Professor of Finance of University of Alabama, research paper, The Economics of Choice in Alabama]
[from SAL Life Call, 9/96, “Abortion: Can We Afford It?”]
[Ed.: This item has no equivalent, of course, to the innate value of a human life. It is just published as a way to reach those who DO equate human life with money. Perhaps these facts will reach utilitarians.]