But the flipside is that some activities supported by money behind the scenes are making lives better.
Sentences to ponder:
Quietly, steadily, the Buffett family is funding the biggest shift in birth control in a generation.
It’s economic. (Warren Buffett) thinks that unless women can control their fertility-and that it’s basically their right to control their fertility-that you are sort of wasting more than half of the brainpower in the United States. Well, not just the United States. Worldwide.
Money from the Buffett foundation funded a birth control program for young women in Colorado with the result that the teen birthrate dropped 40% from 2009 to 2013, and the teen abortion rate was down by more than a third. Backing family planning saves money.
The foundation also funded developing a low-cost, effective IUD that can last up to three years. This April, Liletta, the low-cost IUD, became available… costing public clinics just $50 and wouldn’t require foundation funding in perpetuity.
The sentences in italics were excerpted from a Bloomberg article, you can read the whole piece here.