Restricting abortion is actually good for business
by Jim Daly | June 21, 2019 12:05 AM
Recently, in a high-profile move that garnered significant media attention, chief executives from 187 companies, including Twitter, Warby Parker, and Yelp, signed onto a letter declaring that abortion restrictions are “bad for business.”
Appearing as a full-page ad in the New York Times, the declaration trotted out all the usual tropes, lies, and euphemisms popular among the pro-abortion crowd.
“When everyone is empowered to succeed, our companies, our communities and our economy are better for it,” the ad states. “Restricting access to comprehensive reproductive care, including abortion, threatens the health, independence and economic stability of our employees and customers. Simply put, it goes against our values and is bad for business. It impairs our ability to build diverse and inclusive workforce pipelines, recruit top talent across the states and protect the well-being of all the people who keep our businesses thriving day in and out.”
The letter concludes: “The future of gender equality hangs in the balance, putting our families, communities, businesses and the economy at risk.”
Setting aside my own moral and theological opposition to abortion for a moment, the logic at the center of the group’s main argument — that restricting abortion is “bad for business” — makes no sense at all. For at the heart of free-market capitalism is the critical need for both creators and consumers who have the intelligence, skills, and resources to develop, deliver, and purchase goods.
Simply put, companies fail without customers. Economics 101 suggests that the larger the pool of people from which to pull, the more product and profit will be produced. And abortion doesn’t add people to the population; it only subtracts.
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READ MORE: https://www.washingtonexaminer.com/opinion/op-eds/restricting-abortion-is-actually-good-for-business
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There’s an old saying that goodwill is the first law of good business, an intangible asset that’s needed for any long-term capitalistic success. Never is this truer than in the case of businesses that wisely embrace their future customers, especially those on the brink of birth.
Jim Daly is the president of Focus on the Family.
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