Clinton Floats $5,000 Baby Bond
~ September 28, 2007
It's nice to know these two are still in touch.
this post was submitted on 23 Apr 2025
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Fash privileging heteronormativity in order to increase servitude and hasten planetary destruction? Fairly normal in our culture.
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$5k in a Roth IRA in the sp500 at birth is the only way that it is worth anything.
Based on data presented here: https://ifstudies.org/blog/the-true-cost-of-raising-a-child
It takes a minimum of $200K USD to raise a child from birth to 18; which works out to ~$1K/mo.
If the Government were serious in wanting to address the aging population issue, the best way to tackle it would be to provide family funding at this level for a family’s first ~3 children.
Would it be expensive? Absolutely it would be in the initial term - but the increase in economic activity would arguably more than cover it in the long run.
Would it lead to inflation? Not if the costs were derived from taxes due to the government (which currently get dodged), rather than through national debt.
Would it lead to a positive outcome for the nation? Arguably yes, but there may also be unintended consequences to the negative. Human greed knows no bounds, after all.
My personsl hypothesis is that when couples are living in times of prosperity or growth, they can see a future and can comfortably grow a pension, then they are likely to consider having kids. This also happens to be the time they are getting a share of the wealth society generates.
In recession and uncertain times, couples tend to hold of on getting kids, and if they do get kids, they do it much later in life, when they have saved some money.
Of course couples need free time as well. If both parents need to work full time, it's gonna be a lot less palatable to have kids.
I think the global low fertility is the problem of infinite growth self correcting.
You're right, when they have the choice, which is also why the Reich Wing wants to limit abortion and contraception and LGBT+ (non-accidentally-reproductive) relationships.
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They're not making policy for people who can do math.
It really is a bummer to have such a legitimately retarded man just riding this country into the earths crust all Slim Pickens style.
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Adoption services are going to go wild! Hospitals too with infant detox programs. It's the new plasma!
With the tariffs that hardly helps.
It's free to give birth here
It's free to also commit murder.
It's the part afterwards that might maybe kinda be the issue.
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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.
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...
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.
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