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I'd like to see more redistribution, but lump sum payments to 18yos are not going to be spent thoughtfully.
by jefftk 3y ago
I'd like to see more redistribution, but lump sum payments to 18yos are not going to be spent thoughtfully.
- slt2021 3y agojust look at federal student loan situation and you will see how good 18 y.o. are at managing money
- bandrami 3y agoIt's an extreme simplification; the idea is called "Baby Bonds" and it was part of Corey Booker's platform. It's not a simple cash payment but a savings account with funds that can be withdrawn only for education, job training, first home purchase, or starting a business.