Financial incentives to increase birth rates insufficient
Philip Cohen’s comments featured, where he notes that financial incentives alone are not enough to increase dropping birth rates.
In a story on Marketplace, Jiana Smith reports on the Trump administration considering ways to encourage people to have more children. The “big-beautiful” bill proposes a $1,000 one time deposit from the federal government into a savings account for the newborn children. However, she highlights Faculty Associate Philip Cohen’s opinion that this is not enough. “If they were more serious about it and they made preschool, pre-K universal and health care universal, it’d be great for children,” noted Cohen.