The Economy Can’t Grow Without Birth Control - News Summed Up

The Economy Can’t Grow Without Birth Control


Consumer spending makes up about 70 percent of all economic growth, and women are responsible for an outsize portion of that spending. Billions of dollars less a year in their pockets means billions of dollars less that they could spend on goods other than birth control, dampening their ability to support businesses and the economy. In fact, about a third of the increase in how many women attained careers in fields like law and business was due to birth control. One clear way to spur economic growth is to entice more people to participate in it. We don’t know yet how many employers will opt out of providing their employees with no-cost birth control under Mr. Trump’s rule change.


Source: New York Times October 29, 2017 22:41 UTC



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