Supreme Court's overturning of Roe v. Wade will financially hurt the 'most marginalized' women

[Yo_Mama_Been_Loggin]

experts say

The Supreme Court's decision to overturn Roe v. Wade may cause financial hardship for many women, especially those already facing economic instability, research shows.

The ruling Friday ends almost 50 years of federal abortion rights. It allows individual states to set their own laws, and nearly half the states are expected to outlaw or severely restrict abortion as a result.

"It sadly affects the most marginalized women — women of color and people who are economically unable to access abortion," said Carolyn McClanahan, a Jacksonville, Florida-based certified financial planner, physician and founder of Life Planning Partners.

While wealthier women living in states with abortion bans may still travel to other states for the procedure, those with fewer resources may not have that option, said McClanahan, who is also a member of CNBC's Advisor Council.

https://www.msn.com/en-us/money/markets/supreme-court-s-overturning-of-roe-v-wade-will-financially-hurt-the-most-marginalized-women-experts-say/ar-AAYPQlB

[Irish_Dem]

1. Female children/teens/poor will be the hardest hit.

[Walleye]

2. I think that is their one of their main motivations actually

Remember, cruelty is the point

[sop]

5. The feminization of poverty.

[Walleye]

7. They don't see why a woman should be walking around with as much money as a man and as much freedom

Don’t forget they had no problem telling us we were paid less because we were women. I remember that personally it’s not history

[onecaliberal]

3. It's going to hurt two income families when the mother can't work anymore because they

Can’t afford childcare for multiple children. The loss of second income and increased cost of another child.

[Hekate]

8. When inflation & lagging wages for men really started to bite, women had entered the workforce

… in large numbers already. It was the wages of married women, long considered secondary in the family budget, that propped up the middle class as long as it did.

Right you are that more than one child completely erodes family finances: childcare and diapers and formula are incredibly expensive.

One thing I never see factored in is the destruction of public schools, with the twofold push to homeschool and/or send the kids to private schools. Who homeschools? Mothers.

The pandemic shutdown put the religious right agenda on steroids: get the moms out of career jobs and back in the home where they belong, get the kids out of public schools and into a homeschooling setting where mom is the full time teacher, divert taxes away from K-12 public schools.

And if women cannot reliably control their fertility….

[onecaliberal]

9. This is exactly where we are headed back to.

It’s far more expensive to raise children now as well.

[ck4829]

4. For a chunk of the country, that's *why* they are happy about this

[Hekate]

6. It's going to hurt every woman who wanted to build a career or complete her education...

And of course, the worst off financially will be the ones who started far behind.