A wild baby trust fund plan would give US kids up to $60,000 at birth - Business Insider

in dlike •  6 months ago


Economist Darrick Hamilton has a radical plan for leveling the socioeconomic playing field: give every baby born in the US a trust fund of up to $60,000. The money would be set aside for use when the kids reach adulthood, funding "asset-enhancing" activity, like higher ed, housing, or a business.

Source of shared Link

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Interesting idea.  Of course, the government seems to have a way of accessing the "lock box" when they need money (which is all the time).


The bazillion dollar question is how to come up with the 60K?


Oh wait, Manna figured that out, Cryptocurrency.

Why not? You are spending into oblivion anyway.