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Last post 3 years ago by rfenst. 19 replies replies.
“Great” Ideas from Democrats
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8trackdisco Offline
#1 Posted: Thu, Jan 14 2021, 7:49 AM EST
Joined: 11-06-2004
Posts: 60,075
This thread over four years could get a few posts. Here’s a gem.

“Baby Bonds.”

First proposed in NJ by their governor last year, $1000 gets deposited per child. Families making less than 133k per year qualifies.

$1000
Bond rate at 1.35%
$1,270 after 18 years.

Yes, great idea, because there should be financial inducements to have children. Especially if you are poor, as having children is inexpensive.

80 million dollars a year cost to the NJ budget.

Original article below, and heard on the Marketplace podcast last night.

Watch https://www.msn.com/en-us/news/politics/nj-governor-proposes-dollar1000-baby-bond-for-children-to-close-wealth-gap/ar-BB18oBRG for this gem to go nationwide.
Jsnyder147 Offline
#2 Posted: Thu, Jan 14 2021, 8:06 AM EST
Joined: 12-26-2020
Posts: 478
Marketplace with Kia Ryssdal? I listen to it every day at 6:30.. gotta love NPR.
deadeyedick Offline
#3 Posted: Thu, Jan 14 2021, 8:20 AM EST
Joined: 03-13-2003
Posts: 17,087
I seem to remember Cash for Clunkers. Paying people for retiring old cars that they would do on their own without the Feds involvement.
bgz Offline
#4 Posted: Thu, Jan 14 2021, 8:38 AM EST
Joined: 07-29-2014
Posts: 13,023
8trackdisco wrote:
This thread over four years could get a few posts. Here’s a gem.

“Baby Bonds.”

First proposed in NJ by their governor last year, $1000 gets deposited per child. Families making less than 133k per year qualifies.

$1000
Bond rate at 1.35%
$1,270 after 18 years.

Yes, great idea, because there should be financial inducements to have children. Especially if you are poor, as having children is inexpensive.

80 million dollars a year cost to the NJ budget.

Original article below, and heard on the Marketplace podcast last night.

Watch https://www.msn.com/en-us/news/politics/nj-governor-proposes-dollar1000-baby-bond-for-children-to-close-wealth-gap/ar-BB18oBRG for this gem to go nationwide.



They were just trying to build loyal voters... argument for why dems and cons should trade positions on abortion.
MACS Offline
#5 Posted: Thu, Jan 14 2021, 9:02 AM EST
Joined: 02-26-2004
Posts: 79,770
Wrong forum noob. fog

Somebody hadda say it...
JadeRose Offline
#6 Posted: Thu, Jan 14 2021, 9:27 AM EST
Joined: 05-15-2008
Posts: 19,525
Gaddam noobs.
teedubbya Offline
#7 Posted: Thu, Jan 14 2021, 10:55 AM EST
Joined: 08-14-2003
Posts: 95,637
Sigh. Nudes.
opelmanta1900 Offline
#8 Posted: Thu, Jan 14 2021, 11:28 AM EST
Joined: 01-10-2012
Posts: 13,954
8trackdisco wrote:


Yes, great idea, because there should be financial inducements to have children. Especially if you are poor, as having children is inexpensive.





We literally already have this on a federal level... it's a tax rebate, it's usually $2k/ child, and anyone dumb enough to think this entices people into having more kids should have a hole drilled in their head to drain the stupid...
8trackdisco Offline
#9 Posted: Thu, Jan 14 2021, 11:35 AM EST
Joined: 11-06-2004
Posts: 60,075
MACS wrote:
Wrong forum noob. fog

Somebody hadda say it...

Chit... you’re right.
delta1 Offline
#10 Posted: Thu, Jan 14 2021, 12:03 PM EST
Joined: 11-23-2011
Posts: 28,782
fog

d'oh!

Brick wall

Whistle

Not talking
BuckyB93 Offline
#11 Posted: Thu, Jan 14 2021, 12:26 PM EST
Joined: 07-16-2004
Posts: 14,184
opelmanta1900 wrote:
We literally already have this on a federal level... it's a tax rebate, it's usually $2k/ child, and anyone dumb enough to think this entices people into having more kids should have a hole drilled in their head to drain the stupid...


This isn't meant to target the population of responsible adults, it's targeting those who pump out kids to keep the welfare money flowing in. These people have no intent on supporting their kids, that's what the government and welfare is for.
teedubbya Offline
#12 Posted: Thu, Jan 14 2021, 12:33 PM EST
Joined: 08-14-2003
Posts: 95,637
I have a belly button.
opelmanta1900 Offline
#13 Posted: Thu, Jan 14 2021, 12:33 PM EST
Joined: 01-10-2012
Posts: 13,954
Well that was kinda my eventual point... if you're doing babies for money, the money is in food stamps and welfare checks... thousand dollar bonds aren't doing a thing...
teedubbya Offline
#14 Posted: Thu, Jan 14 2021, 12:36 PM EST
Joined: 08-14-2003
Posts: 95,637
I sort of think most babies are made because it feels good and has little to do with politics.
Stogie1020 Offline
#15 Posted: Thu, Jan 14 2021, 12:46 PM EST
Joined: 12-19-2019
Posts: 5,320
teedubbya wrote:
I have a belly button.


I knew a girl in college who didn't...
ZKing Offline
#16 Posted: Thu, Jan 14 2021, 12:47 PM EST
Joined: 05-23-2018
Posts: 40
Why are we blaming people for having babies? It's not their fault that the stork dropped the little baztrds off....
teedubbya Offline
#17 Posted: Thu, Jan 14 2021, 1:13 PM EST
Joined: 08-14-2003
Posts: 95,637
Wait.... what? I can get coin AND get laid?
Smooth light Offline
#18 Posted: Thu, Jan 14 2021, 1:20 PM EST
Joined: 06-26-2020
Posts: 3,598
Stogie 1020: was her name EVE?

or born in a test tube /🧫.
rfenst Offline
#19 Posted: Thu, Jan 14 2021, 3:52 PM EST
Joined: 06-23-2007
Posts: 39,289
MACS wrote:
Wrong forum noob. fog

Somebody hadda say it...

Yup.
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