Action Alert!

Another factor in the financial crisis

By Phil Lawler (bio - articles - email) | Oct 06, 2008

 The US economy is in crisis because the real-estate market is crashing. But why is the real-estate market crashing? One major factor-- among many, to be sure-- is abortion.

How's that, you ask? It's a simple matter of supply and demand. 

In the first decade following Roe v. Wade, there were about 13 million American babies aborted. Had they lived, those babies would now be young adults, and many of them would be looking to buy their first homes. Add 13 million consumers to the market, and that increased demand would drive up prices. Raise prices, and the real-estate market would rally. If the real-estate market rallies, the financial crisis is behind us. But that's not happening, because those 13 million consumers are dead. 

And that doesn't even account for the countless millions of children who might have been born in the 1960s, if their parents hadn't been contracepting... 



Phil Lawler has been a Catholic journalist for more than 30 years. He has edited several Catholic magazines and written eight books. Founder of Catholic World News, he is the news director and lead analyst at See full bio.

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