The Real Pro-Life Movement!

 This has always been my theory.  At last some evidence.

After this CEO raised his company's minimum wage to $70,000, he said the number of babies born to staff each year grew 10-fold and revenue soared

Six years ago, Dan Price, the founder and CEO of credit-card processing company Gravity Payments made waves when he announced that he was raising the firm's minimum salary to $70,000 for his 120 employees. To accommodate the change, Price slashed his own $1 million salary.

In the following years, revenue soared, and staff had many more babies and bought more homes, Price told Insider. To show their appreciation of the minimum-salary change, staff bought him a Tesla.

The Seattle-based company's starting wages used to be roughly $35,000 a year, Price said. But for the company to thrive, he felt he needed to make sure that all employees were making enough to look after themselves. This led him to double their salaries.

But he believes he's proved them wrong: "It's been over six years now and we've had really fantastic results. We've had a 10 times increase in the number of first-time homeowners every year and 70% of our employees were able to pay down debt," Price said. About a third of his staff reported they were debt-free.

"Our employees had a 10x boom in terms of the number of babies they were having. We went from having between 0-2 babies born per year among the entire team, to over 65 born or announced over the last six years," he added.

Referring to the labor shortage's impact, Price said: "What we've had is a brutal and systematic redistribution of wealth from the vast majority of American workers to the people at the very top."

Because of that, "and coupled with the cost of housing, healthcare, and education, which has gotten completely out of control at the same time, we've created a scenario where it's just not workable," he added.

We had a baby boom when we had a booming economy that taxed the rich. The cost of living and raising children has just made children prohibitively expensive. The rich do not cause a booming economy, it is rich workers spending money on houses and children that causes a booming economy.