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The Economics of Abortion Access: Better for Business, Equity and the Economy

For Immediate Release: Oct. 27, 2023


Planned Parenthood endorses Michael Bowman for Kentucky Treasurer, a candidate who fights for economic opportunity for all Kentuckians

Frankfort, KY — Planned Parenthood Action Kentucky (PPAK) is proud to endorse Michael Bowman for Kentucky State Treasurer. Bowman is a 6th generation Kentuckian with extensive experience in financial management and understands that anti-abortion policies devastate local economies, equity and business environments. 

“Abortion bans are bread and butter policies that deal devastating economic blows,” said Tamarra Wieder, Kentucky State Director for Planned Parenthood Alliance Advocates. “Sadly, the Kentucky Treasurer’s Office hasn’t had a candidate with an actual financial background in more than half a century. That’s why we are proud to endorse Michael Bowman for Kentucky State Treasurer. Bowman’s commitment to transparency and accountability will shed light on the economic barriers that bans create for women, and people who can become pregnant, and their ability to achieve economic security and opportunity. An equitable lens is desperately needed, and Kentuckians can count on Bowman to get the job done.”

“Game-changing” research introduced in 2021 by the Institute for Women’s Policy Research estimates that state-level abortion restrictions can cost state economies $105 billion dollars each year through workforce reductions. In Kentucky, that translates into just over $1.7 billion in annual economic loss. 

Any person with financial literacy understands that abortion bans are bad, yet Bowman’s opponent Mark Metcalf has a record of extreme anti-abortion beliefs: 

  • Metcalf made inflammatory comments during his 2023 Fancy Farm speech claiming that “family has been replaced by abortion on demand and Drag Shows.”

  • Metcalf signed a pledge to ban abortion even in cases of rape and incest, and also to limit women's access to most common forms of birth control. 

  • Metcalf answered yes to every question of the KY Right to Life Victory PAC’s endorsement questionnaire, including that he would support the prosecution of doctors who perform abortions.

The economics on abortion are clear: bans are bad. Anyone seeking public office with fiduciary responsibility has a duty to set aside their personal beliefs for the people they are elected to represent. 

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