From BLOOMBERG:
As restrictions on abortion and contraception have become the subject of state legislative action and Republican presidential candidates’ pitches to voters, arguments have focused on the issue’s moral and religious dimensions.
Less attention has been paid to the financial implications to states, businesses and women if governments impose policies that lead to increases in unplanned or unwanted pregnancies. The economic ramifications of such policies are important as the nation recovers from the worst recession since the Great Depression and governments work to reduce debts and deficits.
“There’s a simple math in place: more unintended pregnancies mean more public costs,” said Bill Albert, chief program officer at the National Campaign to Prevent Teen and Unplanned Pregnancy. “Especially for the deficit hawks, it is a penny-wise-pound-foolish strategy.”
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