New parents in Baltimore could get a $1k 'baby bonus' to fight child poverty
A proposal in Baltimore suggests a $1,000 'baby bonus' for new parents to combat child poverty. Organizers aim to address childhood poverty and raise awareness without increasing taxes, hoping for broader systemic changes.
Read original articleIn Baltimore, a proposal aims to combat child poverty by offering new parents a $1,000 'baby bonus' if approved by voters. The initiative, led by a group of Baltimore teachers, has gathered 10,000 signatures to bring the question to voters in November. Modeled loosely after a program in Flint, Michigan, the proposal seeks to provide a modest financial boost to families at the birth of a child. Organizers believe this initiative could be a crucial first step in addressing childhood poverty, with an estimated 31% of school-aged children in Baltimore living in poverty. The program, costing around $7 million annually, would benefit all new parents without increasing taxes. While the $1,000 may not be life-changing, it could help cover essential baby expenses and raise awareness about childhood poverty. Advocates hope this initiative will prompt broader systemic changes to support vulnerable children and families in Baltimore and beyond.
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It lead to an insane price hike on the housing market, prices have increased 3x in the past 10 years. There are many children born to irresponsible and useless parents who only wanted money. Entire generations of children who were not wanted.
Also notice how I said you only have to make a promise to make children. You dont have to have them already, a couple can have 0 children, sign up for the 30 million loan by promising 2 children. What happens if they break up? If they can't conceive? They have to pay back the loan in full after a time period.
Of course every time this deadline comes up, Orbán gracefully "extends" it, or changes it in some ways so that the irresponsible people don't have to cough up the money. They get added to all kinds of different taxes on banks, telecoms, multinational companies. I'm far from defending them, they are also terrible, but also all these extra costs just gets forwarded to the consumers.
It's a perfect way to enslave a ton of the irresponsible people. Orbán can keep moving this deadline and threaten the masses with "if I ever get voted out, you will have to pay all of that back".
I understand that this is only partially on Orbán, and mostly on all the people taking out these loans without thinking, but the average person is dumb as fuck. Shrewd politicians will always find a way to control them. I wish we had better education so people would plan a bit further ahead and not gamble on their unborn children.
I know of teachers who blame the baby bonus scheme for a rise in disruptive students within the last few years.
This isn't a topic I'm well versed in, but I do think consideration needs to be made. There is potential for abuse.
Some quick googling reveals that it costs around $300k to raise a child to the age of 17 in the US, not including lost income. When people were mostly farmers, having children used to advantageous economically. Now it's the opposite.
Surely a rich country can do better.
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