“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.

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.

Somebody hadda say it...

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...

Chit... you’re right.

#-o

](*,)

:-"

[-(

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.

I knew a girl in college who didn't...

or born in a test tube /🧫.

Yup.