Two years ago, the Supreme Court overturned Roe vs. Wade, fundamentally altering women’s rights across the nation. As I returned to work from maternity leave, the weight of having fewer rights than just weeks before filled me with rage and sorrow. However, today I’m not writing about bodily autonomy, but about the long-term economic implications of abortion restrictions.
As a numbers person, I find it economically illogical to restrict — let alone ban — abortion. According to a recent publication by the Institute for Women’s Policy Research, should abortion restrictions reach a national scale, the United States would suffer a near $173 billion economic loss. For South Carolina in particular, our projected annual loss is nearly $3 billion. This staggering figure suggests that our lawmakers, in their perceived focus on moral and ethical considerations, might not have carefully considered the economic ramifications of these restrictive measures.
More: SC Senate passes six-week abortion ban. New litigation expected after Gov. signs into law.
Let’s break down the potential impact on South Carolina’s workforce. There are approximately 1.38 million women participating in our state’s workforce, with nearly one-third ages 20 to 35 — the group in which most abortions were performed. In 2022, the South Carolina Department of Health reported 5,568 abortions, mostly from families who already have children. If we removed just these individuals from the workforce, South Carolina would lose more than $211 million per year (based on a median income of $38,000).
This figure doesn’t account for any supplemental public benefits these families might need if another child pushes them into poverty. Based on average SNAP benefits alone, it could cost South Carolina an additional $1,392,000 annually — not including medical coverage, cash assistance, or child-care scholarships. Over five years, the minimum economic impact could reach $1,064,880,000.
Moreover, while recent stories reported a drastic 80% drop in abortion rates in South Carolina, they fail to mention that more than 8,000 individuals sought abortions in neighboring states like North Carolina. This not only represents a significant economic outflow, but also places additional burdens on those seeking care.
These economic realities are stark, but they raise deeper questions: What do South Carolinians truly value? We live in a state of perpetual dichotomy. We claim to prioritize family values but don’t provide the support systems that families need, like universal child care. We talk about protecting children, but our governor rejected federal funds for a program offering food assistance to needy families during the summer months when schools are closed.
For years, the Women’s Rights and Empowerment Network (WREN) fought to remove the sales tax from essential period products in the same year that our representatives passed legislation approving aerial hunting of feral hogs. This disconnect between our stated values and our lawmakers’ legislative priorities is striking.
And the ripple effects of these restrictions extend far beyond immediate economic impacts, affecting our entire state:
-
Health care: Our medical system faces potential deterioration as professionals leave for states where they can provide comprehensive reproductive care. This exodus, coupled with fewer incoming medical students and residents, could lead to provider shortages and reduced quality of care for everyone.
-
Education: Restricted access to reproductive healthcare could widen educational gaps. Teenage parents already face challenges in continuing their education, leading to higher dropout rates and delayed pursuit of higher education. This affects future earnings and economic mobility, creating a cycle of disadvantage.
-
Business and employment: Companies may hesitate to locate or expand in a state with such restrictions, affecting job opportunities for everyone.
-
Public resources: The increased strain on health care and social services could likely lead to higher taxes or reduced services for all citizens, regardless of gender or reproductive status.
The economic fall of South Carolina isn’t a distant possibility – it’s a looming threat if we continue down this path. It’s time for all South Carolinians, regardless of personal beliefs about abortion, to seriously consider the economic consequences of these policies. Are we prepared to sacrifice billions in economic activity, strain our public resources, and potentially drive away job-creating businesses?
As we approach the polls and engage with our representatives, let’s demand policies that support not just our values, but our economic well-being. The prosperity of our state and the welfare of all its citizens depend on it.
We must act now to prevent South Carolina from falling into a preventable economic decline. Our future depends on it.
Dr. Amalia Luxardo is chief executive officer for the Women’s Rights & Empowerment Network (WREN) in South Carolina.
This article originally appeared on Greenville News: S.C. will pay a long-term economic price for its abortion restrictions
