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A comment on US Senator introduces ‘baby bonds’ bill to give newborns a $1K savings account. Parent comment
We've had exponential growth for 100 years now.
We're a thousand fold more productive, goods are a hundred times cheaper to produce. Yet we still work 40 hour weeks.
So you tell me, where does all that extra value go? Why can't the young generations pay for houses, education, having children?
Follow the productivity, the value, the money. That's where the funding comes from.
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We've had exponential growth for 100 years now.
We're a thousand fold more productive, goods are a hundred times cheaper to produce. Yet we still work 40 hour weeks.
So you tell me, where does all that extra value go? Why can't the young generations pay for houses, education, having children?
Follow the productivity, the value, the money. That's where the funding comes from.