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I mean I like the direction, but this is far cry from other countries.
Give us UHC, improve working rights, guaranteed housing for parents, daycare.
But Its good they at least bringing it up.
Remember the stimulus checks that covered approximately 15 days’ worth of rent?
Remember? I’m still living off of mine!
Oh wait, that was just some right wing delusional bullshit that disappeared as quickly as it materialized.
WE CAN’T DO THAT, IT’S LIKE PUNISHING THE MOMS WHO ALREADY HAD CHILDREN!!! /s
That’s the nice thing in a social democracy
When the next generations has better education, my pension fund will be more filled
In practice though, it seems people are the same kind of stupid…
This is literally going to be an argument if people start proposing free daycare/child care :/
“I had to suffer so you should too!”
It’s already been done to college students - that’s the parallel I was trying to draw
Honestly… This is kind of on the right track.
It costs way more than $5k to birth and raise a child. This is only going to be incentive for the exceptionally poor and extremely stupid, which is likely to be the point because those people and their children are what continues to feed our exploitation model.
I’m not sure what you mean, but if you mean giving people cash, yes I agree. It’s just far too small an amount to make a difference. People have a variety of needs, and while some might benefit from daycare, others would benefit from diapers, while still others could use a decent car seat. Cash is fungible, and people can spend it how they like.
We spend more on preventing fraud and administering social services than we would spend it we simply gave everyone money. A negative tax rate on a sliding scale would do the most good for everyone. Yes, some people would spend the money on drugs or alcohol or other addictive vices, but the effort to stop that costs more than just letting it happen. It’s like we have a swat team at the Dollar Store to prevent shoplifting.
But $5,000 is insultingly ineffective.
Oh yeah, I agree it isn’t enough and agree with all your points.
They chose to use a stock photo of a million dollars.
$5000 is only 2 and a half of those bundles of $20’s.
These people are trying to run propaganda for Trump, they can’t even keep their fascist bullshit straight.
but when you look through maga glasses, that’s what you see when a black single mom of 2 receives a wic voucher for a couple gallons of milk.
You see, its not one black mom, its the millions of moms getting subsidies!
Lets ignore the part where we somewhy have a million moms needing subsidies.
I worked both Brinks type security and for Chase, so the inside and outside. That’s not a million. It’s probably somewhere between a quarter and a half, but the picture doesn’t make it super easy to tell.
Your point is very valid however, they used a deceiving picture on purpose.
Yeah looks about right with the hundred stacks in there. I’m not putting a ton of effort in here, but eyeballing it looks about like what I’d expect.
Was gonna say actually you’re probably right because it was probably a couple of suitcases and then the 300 K backpack
Cheers for low effort irrelevant curiosities
Lol so even if they were $1 bills that wouldn’t be an accurate pic hahaha
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Thank you! Maddening!
Clinton Floats $5,000 Baby Bond
~ September 28, 2007
It’s nice to know these two are still in touch.
put into an index fund over the last seventeen years, that $5k is now $30k. it was not a terrible idea.
Of all the people who are so strapped they could receive $5k and not immediately blow it on visa bills and rent, parents aren’t even close to the list. $5k into investments? Most of them are either flirting with bankruptcy or engaging in some heavy petting in a corner booth.
Don’t judge me. I got kids to feed.
Not on its face, no. I think it’s still a band-aid attached to a bigger problem of generational inequality. Public housing, education, and a large competitive public hiring sector would have gone much farther in rectifying poverty in the US.
But the extra insulting aspect of “Baby Bonds” is that they’re an idea dangled over a public hungry for economic reforms which never actually gets delivered. When liberals lose, they get to nag centrists and insist “We had all these good ideas but you were too racist and stupid to accept them”. When they win, we get an earful about how the federal courts, the super-majority Senate, the prior administration’s mid-level bureaucrats, the state legislatures, and two dozen of DC’s biggest lobbying firms all have to agree to go along with it or the reforms can’t pass.
Seems like Republicans are getting in on the same act, now that kitchen table liberalism is experiencing a popular resurgence.
It’s really gonna help to pay for diapers in an index fund.
In Bill Clinton’s defense it was intended for the child, not the parent.
From the article: “I like the idea of giving every baby born in America a $5,000 account that will grow over time,” said Clinton, “so when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to put that down payment on their first home, or go into business.”
Personally I think the policy is a good idea, especially since it doesn’t encourage unwanted children from a short-term desire for cash. It would be great along with medicare for all, free tuition, a livable minimum wage, government housing for all, UBI…
Totally original idea
https://www.npr.org/2024/08/15/nx-s1-5077776/kamala-harris-child-tax-credit-housing
According to my halfassed search engine results, giving birth costs on average $18,000.
Just the cost of epidural, estimates range from $1000 to $3500 out of that cost.
Lol, you guys get ripped of.
A whole hospital stay for a normal uncomplicated birth in Germany with Epidural is just 3600€ (that’s what the hospital gets paid, and most of them are for-profit in Germany)As someone who lives in a country where giving birth is free that sounds absolutely insane to me. Are these birth costs in the US at least covered by common medical insurance or is it always that bad? It’s a miracle that the US birth rate is one of the highest in the western world when the conditions are like this…
I think my hospital bills were around $5,000. What I didn’t anticipate was the fact that once my daughter was born I was paying hospital bills for me and for her. I think without insurance it was around 30k? So insurance covered 25,000 and we paid the rest
After my son’s birth in 2006, we owed $12,000 after insurance. That was a single night’s stay in the hospital. Nothing out of the norm for the birth. We had to refinance the house the following year to pay off his and our daughter’s birth from 2005.
Not really, all the third world countries with no real system to pay for old age have high birthrates too.
American here. I don’t remember paying a dime for either of our kid’s birth. Don’t think we even had copays for the doctor.
Right? 🇨🇦
But I have family in Sweden, and I’m not sure they don’t have a baby food fund, but I definitely remember that daycare, preschool and all schooling was free of user-fees and also nearby.
So she’s been walking the kids to the schools down the road a bit for 14 years now, on her way to and from work. And it’s been free. And I think they get lunch. And their schools are moderately successful and still have programmes. And they graduate kids who can add in their head and speak two languages or more.
Guys, I think rogue American states don’t want to join Canada. Join Denmark or Sweden instead!
Estonian here, similar, but two languages wasn’t actually an option at least earlier this century. I started my first foreign language in 3rd grade and the other one in 6th. Could’ve added a 3rd one in high school but didn’t feel like it personally.
Daycare isn’t entirely free but the fee is very small.
Hospital visits are 2.50 per night for inpatient or 5 euros a visit for outpatient I think. Without insurance most tests are still double digits, but major surgery can go into the thousands. Insurance is tied to having employment - but being in school, raising a child under 3, etc counts too. And so does registering as unemployed. Pretty much the only time you have no health insurance is if you’re a NEET and don’t register for unemployment.
And you can walk to places. In my hometown, we could just walk or cycle to the next town over. There’s a separate light traffic road next to the car road.
I had a kid three years ago, we decided to get a higher premium health plan that specifically had excellent natal coverage. It’s one of the most expensive plans available to us but we didn’t pay anything for 9 months worth of prenatal visits plus 3 days in the hospital. The coverage statement said that delivery from the hospital was something like $28,000 but the first bill we actually saw that we had to pay was for a hearing test that was only partially covered.
Isn’t it like ~$310,000 to raise a kid to 17? That’s, what, 2% of what is needed after the poor child is born? And some woman is going to decide to let a guy nut in her for $5000?
This won’t even cover the medical costs to give birth
Even Elon pays better than this
hospital bill will likely be 10x that
USA so shit they gotta pay people to make babies here
clearly this is meant to be read in an Uncle Roger voice right?
Thanks now I can’t get it out of my head
I had never heard of him until now
Spending money on families hasn’t been shown to help in any way whatsoever in increasing the birth rate. You have countries with close to free day care and generous monthly child subsidies with the same or even much lower fertility rate as countries that give just about nothing at all. I still support these kinds of policies just for the sake of helping families and their kids, but doing it for the only purpose of helping the fertility rate is futile. Honestly I don’t think the government can do much at all to help the fertility rate. It’s a cultural issue first and foremost. And the government can’t (and I think shouldn’t!) do much to change the culture of our society. You see people living in poverty with 9 kids just because they belong to a certain religious or ethnic group who values children above all else. That’s the main issue. How important is children to the culture? Is it prestigious to be a dad or a mom? Is personal success measured in how you’ve built your family or is success measured in how much money you make?
It’s a work culture issue. People need free time to socialise meaningfully. Notice how Iceland and France are as high or higher than Colombia?
Latin American countries have recently had a collapse in birth rate, even since that chart from 2017 was made. Colombia has dropped to 1,2 in 2023. Fertility rates are collapsing almost everywhere and I think it’s because of how globalisation is spreading anti natalist culture around the globe. It’s so drastic and so consistent in nearly every developed country.
Not sure how exactly fertility rates are calculated but with countries like Japan the age of the population might play a role too.
Fertility rate is calculated by dividing every age group in the country into groups and multiplying them by how many children that age group are currently having to estimate how many children a woman is going to have during their lifetime. So if today’s women have on average 1 kid in their 20s and 1 kid in their 30s, and none after, that will give a fertility rate of 2.0, no matter how many women are actually in their 20s or 30s. So there being a lot of old people does not change the results. Fertility rate is dependent on how many children women have during their reproductive years. Birth rate however is affected by their being a lot of old people because birth rate numbers are just the number of children born per year per a 1000 people. So the birth rate of Japan would look comparably much worse than the fertility rate. Fertility rate is therefore considered to be a fairer metric.
Ironically, comically, higher education leads to more lefty leaning politics with more peogrammes and you know it leads to reduced birth rates.
So - and it’s probably minor - the easier it is there to have and raise and educate a child, the less likely its people need as much help.
instead of DEPENDING on GOVERNMENT HANDOUTS new parents should be GRATEFUL someone is WILLING to be GENEROUS and provide them with such GOODWILL. America is WINNING again under PRESIDENT TRUMP
@[email protected] am I doing it right?
“White babies only please” —Cheetolini
I know you were half joking but for everyone else here complaining that 5k ain’t shit (I agree, it’s not), it’s because the incentive is not for you. It’s for rich people (read: rich white people, since poverty disproportionately affects non-white people).
5k might not mean shit to you in trying to raise a child but for someone who already has the means to have/raise a kid, it’s actually bonus money. That’s the incentive.
They are rich, why would they have a kid over snack food money?
Supposedly they’ve done the cost benefit analysis, so this wouldn’t even appeal to them, less so even…
We don’t have a population shortage so I’m confused? The only reasoning I can see is to use as meat on some front lines somewhere he can use in his 7th term in office.
Do people really think he’ll be alive in 20 years? He’d be nearing 100.
Every week I’m amazed - and other feelings - that he’s still 'round.
Are these those welfare babies Republicans always screeeched about?
