The average cost of raising a baby is over $20,000 per year, toss in baby care services, and college (4) and you've spent a fortune on just ONE baby in just 22 years. If you & your spouse live off 2 incomes now, basically this means one of you will take a second job just to maintain your current standard of living.
This is worth researching more to the particulars of your own family income.
Also, you won't know if that "bull" intends to stay in touch with his baby, and whether he'll want to impregnate your wife again because he knows he can get another thrill of breeding a white married woman.
So, I'd "honestly think this one all the way out" before suggesting it happen.
Maybe in another 20-30 years breeding your wife won't raise a brow, but it will these days.