And those that are uneducated or downright stupid will fall for it. Those that aren’t, will continue not to because nobody can afford to have kids and they know 5k doesn’t do shit.
100%. I think I read over the course of life from 0 to 18 years of age it costs about 100K to raise a kid.
Try $300k these days. Double it if you’re in California.
lol. Like making a rent payment solely from the change found in your couch cushions.
Poland went trough this a decade ago. First they offered a small bonus after birth. This didn’t impact the birth rate at all. Next they introduced a monthly allowance per child. This also didn’t impact the birth rate at all. Monthly allowance did lower child poverty rates though.
This does not even cover the costs for the birth in hospital.
What’s with the price of $5,000? First it were these checks, and now this…
PR testing how much to buy any slice of goodwill.
Nothing like a $5k bonus for accepting a half million liability (at least).
I have a modest proposal that might take care of that liability
Yeah, the worst part is it’ll just incentivize idiots to breed.
Those are the ones they want
They love the poorly educated.
Don’t fall for it. Kids cost way more than that.
How much does it cost to even have a baby in a hospital? 🤔
My co-worker paid $39,000 two years ago. It was ~$25,000 for us ~14 years ago.
Fuck. When i was born, i had to spend some time in an incubator. My mom fell in a coma and woke up 1 month later. We were in the hospital the whole time.
Tons of exams for my mom …
This would have ruined my parents, if i would have been born in the USA, which almost happened.
My co-worker paid $39,000 two years ago. It was ~$25,000 for us ~14 years ago.
That’s without insurance, right?
Yes.
And don’t forget the cost of caring for a kid is somewhere in the realm of $10k over the first year.
P.S. Always request an itemized bill from hospitals. Magically the amount owed will go down.
It’s all in what insurance, and the hospital ital costs are only the beginning
About 18 years ago we were pretty well covered: deductible wasn’t bad. But other people talked about first year supplies. You also have multiple doctor visits so even if it’s just deductible it starts adding up. Then we had an allergy thing where special food was $1,400/month - luckily we only had to pay a few months while arguing with insurance
Then we arrive at today. All those years of kid expenses made it tough to save, but now we have college expenses and the current administration is cutting financial aid
We need so much more than $5k to raise kids
At least your remaining deductible, perhaps up to your max-year-out-of-pocket pre-paid weeks in advance assuming you have insurance and they’re in-network. So… almost certainly above 5k.
As someone who pays max out of pocket every year I can say it was a bit over 24k last year but have not calculated this year. This is monthly cost of insurance for two people plus out of pocket. Its insane how much I have to bring home to stay above water.
Hospital isn’t where it ends. I’m paying like 30 cents to 50 cents per diaper. Newborns can go thru like 8 of them a day, down to 3-4 once they are a few years old. Kids still wear them at night until sleep without peeing. Average it out to 2 a day * 0.40 * 365 * 5 yrs Or, 10 * 0.40 * 365 So around $1400 in diapers alone. Not including all the creams / wipes you need with that. Food. Medicine. Clothes. Toys. Sick days. Car seats. Strollers. Childcare for a thousand or two per month.
Give 50k and maybe you’d break even.
My sister’s girl had a baby boy about 3 years ago.
$0
Phew. 🇨🇦
At least 10k with no complications, plus whatever income you lose from not working
My insurance was billed, I want to say 27k…just for cesarean and two days post care, for my first kid in 2016.
Second kid was an induced vbac and only one day stay in a smaller hospital…I think that was closer to 16k.
However…our insurance fully covers maternal care…so I think it was just the 30k in annual premiums, between what I pay and what my employer pays…plus the 5k deductible.
We had twins, induced with epidural, with two days hospital stay, insurance was billed like 80k. We had to cover like 7k
Depends on your insurance. I had 2 C-sections, both qualified by my doctors as “medically necessary,” and good insurance, so everything was covered. Note: it was in the 1990s, insurers have become increasingly dickish about that “medically necessary” qualification.
Also note: It’s not the initial cost, it’s the maintenance. My now-adults are priceless, but it’s been a lot of money!
All the natalist bs from the right is not about children but about making the parents submit to the collar.
But I can get my 80” LED TV now!!!
Economically, birth rates need to go up.
But environmentally, it’s not a good picture.
Once again right wing policies don’t match up with what their stated goals are. This won’t even cover the hospital bill for delivering the kid, let alone what it costs to raise them.
If the right wing actually wanted to raise birth rates, they’d be offering universal healthcare, at least triple the current minimum wage, free preschool, free college/trade school, substantial paid parental leave for both parents, actual sick time/PTO laws.
Not this insult
I am extremely dubious on these figures, given the cost of child care.
I’m not sure what this comment is responding to.
I was just posting rough numbers to agree with you, but think the figures cited in the article are extremely conservative.
I want to say “that’s a pathetic amount” but given how many ads I saw offering “cash in hand” for people to refinance their car loan right around Christmas… I’m not confident Americans will turn this down.
Cost of raising a middle-income child in the US to age 18 (excludes college/university) is around $375,000 pre-cost increase due to the amazing economic changes. But hey, $5k sure sounds worth it! /s
How about they just stop cutting college aid and we call it even?
The birth rate is going to crater, because no one wants to bring children into a fascist shithole.
Nah, I see this plan not as paying people for kids, but subsidizing the quiverful and other “women are broodmares” sorts at the expense of the whole population. Because that’s already his base, and more money means more speech in America.
that number needs 2 more zeros
Whites only no doubt
$3,000 for everyone else. Call it a compromise.
A 60% compromise!
The “three-thousand dollars out of five-thousand dollars” compromise.
Oof, American history joke.
They would if they could.
I doubt that even covers the cost of drugs for giving birth.
