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Reply to ""A Cheap, Race-Neutral Way to Close the Racial Wealth Gap.."
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[quote=Anonymous][quote=Anonymous]Republican Senator Kasich and the Clinton administration were actually looking (separately) into something like this, back in the halcyon days of 2001 when we had a budget surplus and nobody knew what to do with it. The proposal was to give every kid under a certain income $1,000, because that's what was affordable. Not sure what counts as "rich" or "poor." Compounding $1,000 for 18 years would result in a larger amount, but not $50,000. Frankly, retooling the Pell Grant and other grant programs would probably make a bigger difference for poor kids.[/quote] Enough with investing in "programs." Do you realize that we spend more money building staffing and maintaining these programs than it would actually cost to just give people the damn money?[/quote]
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