Click here to advertise on CatholicCulture.org

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... 

 

 

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our August expenses ($15,080 to go):
$35,000.00 $19,919.98
43% 57%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Subscribe for free
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

An Appointment that Francis Should Withdraw 8 hours ago
A new approach to Vatican appointments? 10 hours ago
The rising, dangerous influence of 'transgender' ideology August 27
Does the EU flag evoke the patronage of the Virgin Mary? August 27
The diocese as corporate sponsor August 27

Top Catholic News

Most Important Stories of the Last 30 Days
‘A real via crucis’: Pope Francis, patriarch plead on behalf of Iraq’s Christians CWN - August 8
Hundreds of thousands of Iraqi Christians in flight as Islamic State advances CWN - August 8