Will The Overturning of Roe v. Wade Effect Economic Development In Red States?

The Supreme Court Of the United States has overturned the landmark legal precedent called Roe vs. Wade from 1973 that makes it unconstitutional for individual states to enact laws against abortion.

This will allow Republican dominated state legislatures to ban or severely restrict abortion or even ban it completely. In general, the composition of the SCOTUS seems to open a path for curbing rights for many minorities, which a lot of politically progressive people will balk at.

How could this affect economic development?

Well, high ranking universities attract a lot of talented and motivated students. The presence of large quantities of such young people is great for companies that rely on being able to recruit educated workers. Clusters of leading tech companies, for example, typically form around elite universities.

Parents of college age daughters may not be excited about paying pretty penny for college in a Red state if their daughter risked dropping out in case of accidental pregnancy. A sausage fest of a college town may not be too attractive for male students, either, if they have choice.

The most educated people in general tend to be the most liberal. Despite lower corporate taxes or a lack of state income taxes (Texas), Bible Belt politics may adversely affect economic development.

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