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United States: going back on the right to abortion would have "adverse" consequences on the economy, warns the Secretary of the Treasury

2022-05-10T15:34:25.515Z


A reversal of the right to abortion in the United States would have "very harmful consequences on the economy", preventing women from continuing...


A reversal of the right to abortion in the United States would have "

very harmful consequences on the economy

", preventing women from continuing their studies and earning a decent living, increasing their chances of falling into poverty, warned on Tuesday US Treasury Secretary Janet Yellen.

Read alsoUnited States: can the Supreme Court suspend the right to abortion?

"

I believe that taking away women's right to decide when and if they want to have children would have very harmful effects on the economy and would set back (the condition of) women by several decades

", declared the Minister of Economy and Finance of Joe Biden, during a hearing in the Senate.

She notes that "

denying women access to abortion increases their chances of living in poverty or needing public assistance

."

Eliminating a right that has existed for half a century, especially for low-income and minority women, who have already borne much of the burden of the Covid pandemic, would be a disaster

,” she warned.

Read alsoThe governor of Oklahoma signs one of the most restrictive abortion laws in the United States

The "

Roe vs. Wade

" decision of the American Supreme Court, taken in 1973 and which founds the right to abortion in the United States, "

contributed to increasing participation in the labor market

", recalled Janet Yellen.

This “

has enabled many women to complete their education, increasing their earning opportunities.

It allowed women to plan and balance their families.

And careers

,” she continued.

Furthermore, added the Minister, "

research also shows that it has a favorable impact on the well-being (...) of children

".

Last week, the American site Politico published a draft Supreme Court ruling which, if adopted as is, will send the United States back 50 years, when each state was free to ban or allow abortions.

This information caused a stir in public opinion and on the side of the Democrats.

Demonstrations took place in particular in Washington and New York to defend the right to abortion.

Source: lefigaro

All business articles on 2022-05-10

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