President Trump's proposal for a $5,000 "baby bonus" aims to increase the U.S. birth rate by providing financial incentives for citizens to have children. However, the article humorously critiques the plan by illustrating the moderate financial relief it would provide compared to the high costs of childbirth and raising children. The author outlines various uses for the bonus, highlighting the insufficient coverage for even basic expenses related to parenting. The critique underscores the broader challenges of raising children in America amidst rising costs.
The hope is that attaching a cash incentive to bringing human souls into the world would be so tempting that the country's birth rate would rise.
I think this is such a great idea that I'm planning to get pregnant, go through labor, and then raise a child for 18 years in order to receive roughly 1.5 months of the average American's monthly salary.
Even if I have health insurance, the $5,000 would still not completely wipe out my out-of-pocket costs.
I'd be able to pay for roughly 31% of what it costs to have a baby in a hospital in the United States.
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