It’s a truism that every child should be wanted. While there are plenty of exceptions, the birth of an unwanted child often turns out badly for both mother and child (and father, if they are present). Sometimes, once a child is born, the fact that they were initially unwanted fades into irrelevance, and the bond between parents and child is as strong as with a planned birth. But this isn’t true on average: children born after their mother was denied an abortion (due to time limits) experience, on average, more poverty and poorer maternal bonding The extreme case is that of Ceausescu’s Romania, where abortions were banned, and the resuling unwanted children received miserable upbringings in orphanages.
The birth of an unwanted child can be an economic as well as a personal catastrophe. This is crucial to understand when we are assessing claims that “the economy” would benefit if families had more children than they currently choose.
Raising a child from birth to adulthood requires huge inputs of labour, time and money. In the context of a loving family, these parental inputs are more than offset by the joy of having children. Because this context is assumed, most estimates of the costs of raising children typically focus on the financial costs incurred by their parents. That’s been estimated at 13 per cent of a family’s disposable income on the first child and a further ten percentage points for each child after that. For median couples, that amounts to about $300,000 over 18 years for the first child. Subsequent children would be about $230,000 each.