WND: Yellen ‘demonstrably wrong’ on claim abortion helps economy


Janet Yellen

COGwriter

Janet Yellen, US Secretary of the Treasury is now trying to claim that abortion is good for the economy.

This is the same Janet Yellen who claimed, when she was the head of  the US Federal Reserve,  said it was possible that there would be no more financial crises “in our lifetimes:”

Here is a report about Yellen, abortion, and the economy:

Yellen ‘demonstrably wrong’ on claim abortion helps economy

May 12, 2022

Treasury Secretary Janet Yellen recently proclaimed publicly that abortion helps the economy, and a decision by the Supreme Court striking Roe v. Wade and allowing states to regulate the industry would be harmful to the nation’s money issues.

But she’s “demonstrably wrong,” according to commentary writer Tiana Lowe, an economics graduate from USC and founder of the USC Economics Review, at the Washington Examiner.

The commentary explained, “Like the Confederates who settled on an economic argument to defend slavery rather than justify such a travesty on the principle of personhood, Yellen is not only avoiding a moral defense of the morally indefensible, but she is also demonstrably wrong.” …

“Population growth generally promulgates aggregate economic growth, but especially in an entitlement state such as ours, an at-replacement birth rate is crucial to avoid a deficit crisis,” she explained. https://www.wnd.com/2022/05/yellen-demonstrably-wrong-claim-abortion-helps-economy/

As far as debt goes, the USA went from being the leading creditor nation in the world to the biggest debtor nation in the history of humanity since it began to ‘legalize’ abortions.

A few years ago, Chelsea Clinton said abortion was part of “social justice,” although those so aborted would not come to that conclusion. She also said, “Reproductive rights have always been economic rights,” while indicating that killing babies is some type of positive economic stimulus.

Notice the following:

13 “Behold, therefore, I beat My fists at the dishonest profit which you have made, and at the bloodshed which has been in your midst. 14 Can your heart endure, or can your hands remain strong, in the days when I shall deal with you? I, the Lord, have spoken, and will do it. 15 I will scatter you among the nations, disperse you throughout the countries, and remove your filthiness completely from you. (Ezekiel 22:13-15)

Any economic “benefit” from abortion is at best a dishonest profit from bloodshed. This will not end well for the USA.

As far as the economy goes, there are many things to consider.

Notice one other example:

Real Hourly Wages Have Risen Less Than a Penny a Year Since 1973

January 5, 2022

  • In nominal terms, the production and nonsupervisory worker made $4.05 per hour in 1973. Today that worker makes $26.40 per hour.
  • Accounting for inflation, using 1982-1984 as the base rate, a worker made $9.38 in 1973 and makes only $9.63 per hour today.
  • In 48 years, real wages have risen $0.25. That’s just over half a penny per hour each year.
  • Between 1964 and 1973 workers came out ahead. Since then it’s practically $0 and that assumes you believe the CPI is not understated.

https://mishtalk.com/economics/real-hourly-wages-have-risen-less-than-a-penny-a-year-since-1973

Since the Consumer Price Index (CPI) has been understating inflation, the situation is worse than the above suggests.

Abortion is not good for the economy–nor the longevity of the USA.

Some items of possibly related interest may include:

Might the U.S.A. Be Gone by 2028? Could the USA be gone by the end of 2028 or earlier? There is a tradition attributed to the Hebrew prophet Elijah that humanity had 6,000 years to live before being replaced by God’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028? In Spanish: Seran los Estados Unidos Destruidos en el 2028?
Abortion, the Bible, and a Woman’s Right to Choose Do you know what the Bible teaches on this? Has the Roman Catholic Church allowed abortions? What about the real Church of God? Some may wish to view the YouTube videos: Abortion and Birth Control: History and ScripturesAbortion, the Bible, and US DebtAmerican InfanticideEuthanasia: Mercy killing or murder?, and Land of ‘Free’ Abortions and Debt.
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here are links to two related videos: The King of the North is Alive: What to Look Out For and The Future King of the North.
USA in Prophecy: The Strongest Fortresses Can you point to scriptures, like Daniel 11:39, that point to the USA in the 21st century? This article does. Two related sermon are available: Identifying the USA and its Destruction in Prophecy and Do these 7 prophesies point to the end of the USA?
When Will the Great Tribulation Begin? 2022, 2023, or 2024? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: Great Tribulation: 2026 or 2027? A shorter video is: Can the Great Tribulation start in 2022 or 2023? Here is a video in the Spanish language: Es El 2021 el año de La Gran Tribulación o el Grande Reseteo Financiero.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2029 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
Will the Anglo-Saxon-Celtic Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
Is God Calling You? This booklet discusses topics including calling, election, and selection. If God is calling you, how will you respond? Here is are links to related sermons: Christian Election: Is God Calling YOU? and Predestination and Your Selection. A short animation is also available: Is God Calling You?
Christian Repentance Do you know what repentance is? Is it really necessary for salvation? Two related sermons about this are also available: Real Repentance and Real Christian Repentance.

When You Sin: Do You Really Repent? This is an article by Charles F. Hunting. A related sermon is Confess to God and truly repent.
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
The Gospel of the Kingdom of God This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing. Here are links to four related sermons: The Fantastic Gospel of the Kingdom of God!The World’s False GospelThe Gospel of the Kingdom: From the New and Old Testaments, and The Kingdom of God is the Solution.

Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details.  A Kindle version is also available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to your free Kindle reader app (or if you already have one or a Kindle),  you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.



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