50% of Business Leaders Said Dobbs Ruling Could Impact Their Location Decisions

CNBC posted an interesting article after the recent Dobbs’ ruling. Beyond the moral debate over state abortion bans or restrictions, critics say there is an economic argument against them at a time when workers are in short supply.

KEY POINTS

  • A Supreme Court ruling overturning or weakening Roe v. Wade would send the issue of legalized abortion back to the states.

  • Opponents argue that abortion restrictions will deter companies and workers from moving to states that enact them.

  • Half the business executives CNBC surveyed said abortion laws could impact their location decisions. Only 20% said they would not.

Our organization contributed to the piece.

“At The Leadership Now Project, a group of business leaders and academics pushing corporations to address threats to democracy, CEO and cofounder Daniella Ballou-Aares worries that the DeSantis-Disney dispute in Florida, and the looming battle between some states and corporations over abortion, signify a growing problem that’s more common in emerging markets than in this country: the risk of retribution from an unstable government.

‘Fortunately, the U.S. has been seen as a very low political risk environment where you don’t need to prepare for those things,” she said. “But unfortunately, what we’re seeing now is the U.S. is becoming a higher political risk environment. That is terrible for international capital flowing to this country.’”


Read the full article: https://www.cnbc.com/2022/06/21/in-post-roe-v-wade-world-states-weigh-economic-cost-of-abortion-ban.html.