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There’s a proposal to give each U.S. baby a bond worth up to $50,000: What do you think?

The money could be used to pay for college, buy a house or start a business.

There’s a proposal to give each U.S. baby a bond worth up to $50,000: What do you think?

In the land of opportunity, the widening levels of wealth inequality are undeniably holding many back. A new proposal from economists takes aim at that—and today’s newborns would be the first to see the benefits when they reach their 18th birthdays.


The big idea? Baby Bonds, which would provide newborns with bonds ranging from $500 to $50,000 depending on their parents’ income. When the little ones reach adulthood, they could then apply the matured bond money to paying for college, buying a home or stating a business.

Suggested by Darrick Hamilton of the New School and William Darity of Duke University at the American Economic Association conference this past weekend, the economists say Baby Bonds would “help produce a more equitable and just society.”

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The money would be distributed at birth on a sliding scale—with children of the wealthiest families receiving $500 and children from lowest income families receiving $50,000. Children from average middle-class families would bank $20,000.

Baby Bonds are like Social Security, but for young adults,” Hamilton tell The Washington Post. “This is not meant to replace our entire social safety net.”

Hamilton predicts the program would cost the government $80 billion annually. But because the first payments wouldn’t be distributed for at least 18 years, there would theoretically be time to account for the expense in the federal budget.

Eighteen years may not be long enough to come up with that much money, other experts say. Among them is economist Veronique de Rugy, a senior fellow at the Mercatus Center, who also expresses concerns to The Washington Post about the “paternalistic” regulations on how the money could be spent.

If those problems can be sorted through, the benefits would be huge, Hamilton says. He notes that wealth inequality continues to disadvantage millions of Americans—as data from the past three decades shows that, in general, the rich keep getting richer and the poor keep getting poorer.

“Wealth gives you choice. Wealth gives you freedom. Wealth gives you opportunity,” Hamilton says. “But it takes wealth to beget more wealth.”

In This Article

    These challenges from Nike PLAYlist are exactly what my child needs to stay active

    Plus a fall family bucket list to keep everyone moving all season long.

    While it's hard to name anything that the pandemic hasn't affected, one thing that is constantly on my mind is how to keep my family active despite spending more time indoors. Normally, this time of year would be spent at dance and gymnastics lessons, meeting up with friends for games and field trips, and long afternoon playdates where we can all let off a little steam. Instead, we find ourselves inside more often than ever before—and facing down a long winter of a lot more of the same.

    I started to search for an outlet that would get my girls moving safely while we social distance, but at first I didn't find a lot of solutions. Online videos either weren't terribly engaging for my active kids, or the messaging wasn't as positive around the power of movement as I would like. Then I found the Nike PLAYlist.

    I always knew that Nike could get me moving, but I was so impressed to discover this simple resource for parents. PLAYlist is an episodic sports show on YouTube that's made for kids and designed to teach them the power of expressing themselves through movement. The enthusiastic kid hosts immediately captured my daughter's attention, and I love how the physical activity is organically incorporated in fun activities without ever being specifically called out as anything other than play. For example, this segment where the kids turn yoga into a game of Paper Scissors Rock? Totally genius. The challenges from #TheReplays even get my husband and me moving more when our daughter turns it into a friendly family competition. (Plus, I love the play-inspired sportswear made just for kids!)

    My daughter loves the simple Shake Ups at the beginning of the episode and is usually hopping off the couch to jump, dance and play within seconds. One of her favorites is this Sock Flinger Shake Up activity from the Nike PLAYlist that's easy for me to get in on too. Even after we've put away the tablet, the show inspires her to create her own challenges throughout the day.

    The best part? The episodes are all under 5 minutes, so they're easy to sprinkle throughout the day whenever we need to work out some wiggles (without adding a lot of screen time to our schedule).

    Whether you're looking for simple alternatives to P.E. and sports or simply need fun ways to help your child burn off energy after a day of socially distanced school, Nike's PLAYlist is a fun, kid-friendly way to get everyone moving.

    Need more movement inspiration for fall? Here are 5 ways my family is getting up and getting active this season:

    1. Go apple picking.

    Truly, it doesn't really feel like fall until we've picked our first apple. (Or had our first bite of apple cider donut!) Need to burn off that extra cinnamon-sugar energy? Declare a quick relay race up the orchard aisle—winner gets first to pick of apples at home.

    To wear: These Printed Training Tights are perfect for when even a casual walk turns into a race (and they help my daughter scurry up a branch for the big apples).

    2. Visit a pumpkin patch.

    We love to pick up a few locally grown pumpkins to decorate or cook with each year. Challenge your child to a "strongman" contest and see who can lift the heaviest pumpkin while you're there.

    To wear: Suit up your little one in comfort with this Baby Full Zip Coverall so you're ready for whatever adventures the day brings.

    3. Have a nature scavenger hunt.

    Scavenger hunts are one of my favorite ways to keep my daughter preoccupied all year long. We love to get outside and search for acorns, leaves and pinecones as part of our homeschool, but it's also just a great way to get her exercising those gross motor skills whenever the wiggles start to build up.

    To wear: It's not truly fall until you break out a hoodie. This cozy Therma Elite Kids Hoodie features a mesh overlay to release heat while your child plays.

    4. Have a touch-football game.

    Tip for parents with very little kids: It doesn't have to last as long as a real football game. 😂 In fact, staging our own mini-games is one of our favorite ways to get everyone up and moving in between quarters during Sunday football, and I promise we all sleep better that night.

    To wear: From impromptu games of tag to running through our favorite trails, these kids' Nike Air Zoom Speed running shoes are made to cover ground all season long.

    5. Create an indoor obstacle course.

    Pretending the floor is lava was just the beginning. See how elaborate your personal course can get, from jumping on the couch to rolling under the coffee table to hopping down the hallway on one foot.

    To wear: These ready-for-any-activity Dri-FIT Tempo Shorts are perfect for crawling, hopping and racing—and cuddling up when it's time to rest.

    This article was sponsored by Nike. Thank you for supporting the brands that supporting Motherly and mamas.

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