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Could Baby Bonds Help Reduce Wealth Inequality In America?
At the birth of this nation, Thomas Paine called for government baby bonds — savings bonds for every child. The idea has been given a fresh coat of paint, and is being proposed as a low-cost government program to tackle the vast inequality in today’s America. American Compass’s Oren Cass, Senator Cory Booker, Professor Darrick Hamilton, and author Wendy Jones were interviewed to explore potential policy strengths and shortfalls.