Young parents in Baltimore are getting $1,000 a month, no strings attached, a deal so good some 'thought it was a scam'
Young parents in Baltimore are getting $1,000 a month, no strings attached, a deal so good some 'thought it was a scam'
www.businessinsider.com
Young parents in Baltimore are getting $1,000 a month, no strings attached, a deal so good some 'thought it was a scam'
Really curious to see the outcome.
Most research up until now seems to point to this as the best way to solve poverty.
Can confirm. I never buy anything.
My only worry about unintended consequences is that if this becomes a broader program (say, everybody gets $1000/mo, not just families that meet aome.kind of criteria), then prices for basic goods like rents will go up (i could see rents going up exactly $1000). Otherwise who could argue how well this kind of cash supplement works?
I'm worried about companies just raising their prices to absorb the extra money like they did with the covid stimulus.
Just start printing money ezpz.
Germany has been doing 500/month per child for the whole country for years now, so we kinda already know it will turn out fine.