Programs that give families cash, according to UC Irvine economist Greg Duncan, result in better learning outcomes and higher earnings for their kids. One study found a $3,000 annual income increase for poor parents is associated with 19 percent higher earnings for their child once he or she grows up. That implies that a child allowance of that size could dramatically improve the lives of children decades later.
Joe Biden’s latest pandemic plan: At least $3,000 in cash to parents for every child
Vox, Sept. 18, 2020
September 18, 2020