Research Claims Abortions Have Cost over $16 Trillion in Federal Revenue
A former liberal activist, turned pro-life political consultant has published research that shows the cost of abortions in America. According to Mark Olson’s calculations, abortions have used more than $16 trillion of federal revenue, about the same amount as the United States national debt.
Olson’s research begins before the Roe v. Wade decision.
He explained, "The figure of 55 million persons aborted, typically reported by pro-life groups, is a significant undercount. Abortions did not magically begin occurring in 1973 [when the Supreme Court allowed them], yet that is when everyone starts counting."
Olson’s findings are unsettling: The United States has lost over 125 million babies to abortion.
Charisma News explains the methodology, writing, “When the per-capita individual federal tax burden for each respective year is applied to the population loss model, the result is a statistically significant correlation between our current national debt and federal revenue loss due to abortion.
“Basic macroeconomics says that any such loss in population will result in a collapse of the necessary aggregate supply and demand to sustain long-term national economic growth.”
Olson said, "We can argue over a balanced-budget amendment or tax-and-spend policies, but the reality is that we have lost over 125 million persons—no liberal or conservative economic policy can make up for that loss. We need to stop destroying our most precious economic resource, our people."
Publication date: August 1, 2014