American Families need a Basic Income Not the Baby Bond

American Families need a Basic Income Not the Baby Bond

American families need a basic income to thrive in today’s economy. However, all many of our leaders are offering them is more layers of bureaucracy and schemes to enrich Wall Street.

A perfect example of the pseudo solutions to poverty and income inequality intellectuals are peddling in America is the “Baby Bond.” To explain, the Baby Bond is an investment account the government will open for every child at birth, The Washington Post reports .

The government will invest cash in the Baby Bond account until the child turns 18, economists Darrick Hamilton and William Darity propose. At 18 the child […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.