Treasury Secretary and former Fed Chair Janet Yellen argues for termination of pregnancy
President Joe Biden’s Treasury Secretary, Janet Yellen, has filed an economic lawsuit to ensure that all Americans have access to abortion services, arguing that allowing women to abort their pregnancies has increased labor force participation for half a century.
“I believe that the exclusion of women’s right to decide when and where to have children will have a very detrimental effect on the economy and will push women back decades.” Yellen testified at a Senate hearing Tuesday. She added that Rowe v. Wade, a 1973 U.S. Supreme Court ruling that abortion was a constitutional right, allowed more women to work outside the home and finish school to increase their chances of earning.
The abortion issue was brought to the fore last week, when a draft judgment overturning Roe v. Wade of the U.S. Supreme Court was leaked to a media outlet. The leak encouraged protests – including demonstrations outside the homes of Supreme Court justices – and encouraged attacks on Christian groups, such as Wisconsin-based Firebombing, which lobbies against abortion.
U.S. Senator Tim Scott (R-South Carolina) took up the matter with Yellen’s testimony. She suggested mentioning how abortion puts more women in the workforce “Hard” And “Strict.” Apparently surprised by his issue, he asked Yellen, “Just for clarity, did you say that it is better to end a child’s life for the rate of labor force participation?”
Biden’s Treasury hack Janet Yellen says abortion is good for the economy – Sen. Tim Scott’s response embarrasses him in silence pic.twitter.com/exx1RVz3EA
– Benny Johnson (Benny Johnson) May 11, 2022
Yellen replied, “I don’t mean to imply that the effects are in a way that is harsh. What we are talking about is that women will have the ability to control their reproductive situation in a way that will enable them to plan a fulfilling and satisfying life. ”
The Treasury Secretary, who is white, also mentioned a racial angle in his analysis, saying: “In many cases, abortions are performed on adolescent women – especially low-income and often black, who are not in a position to care for children.” He added that such women have unplanned children “They will grow up in poverty and make themselves worse. This is not harsh. That’s the truth. “
Scott, who is black, replied, “I will just say that as a man in great poverty by a black woman, I am grateful to be here as a senator from the United States.” He also commented on Yellen “Piercing abnormally.”
Fox Business Network Host Charles PayneWho himself was black, suggested that it would make sense to follow Yellen’s abortion theory to its logical conclusion. “Almost extinction of black people in America.” He added, “But by his logic, all of these abortions would be great for the economy and for those who are allowed to be born.”
Yellen was a former chairman of the Federal Reserve Bank before resigning in 2017, after then-President Donald Trump refused to appoint him to a second term as head of a powerful institution.
U.S. efforts to push women into the workforce have been delayed for nearly a century. A 1940s campaign, named after a character “Rosie the Riveter,” To encourage American war effort, women were encouraged to take up factory jobs.
Chief Justice John Roberts has confirmed the veracity of the Supreme Court’s draft judgment. The verdict will be officially announced in late June or early July. It will basically leave the issue of abortion to the elected officials of each state to decide.