Baby Bonds: Reducing Economic, Racial, and Gender Inequality
By providing vital resources to all children when they reach adulthood, baby bonds can reduce inequality, promote economic security, and help close race and gender wealth gaps.
Oxfam America recognizes the human right to an adequate standard of living and calls on policymakers to support proposals for baby bonds, which can ensure that all young adults have the resources they need to be economically secure. Alongside measures that tax the rich, redistribute economic power, and invest in public services, baby bonds can alleviate the effects of policies that exacerbate inequality and deny marginalized communities the opportunity to build wealth.