Friday, September 28, 2012
Let's Do the Math
About that previous post on the Obama campaign's figures on the cost of birth control: Let's do the math. The Obama campaign manages to leave the impression that the cost of a woman's contraceptives over her lifetime can be $18,000. The accountant in me is all over this. According to the Guttmacher Institute (formerly connected to Planned Parenthood,) "[t]here are 62 million U.S. women in their childbearing years." Since the Obama campaign chose to phrase it this way, how much money could all these women "save" over the next thirty years? Well, 62,000,000 times $18,000 is a little over $1.1 trillion, or about $37 billion a year! Whew. I'm glad no one has to pay for that!