One of my concerns is that as we go through an economic downturn people will be caught unequally. The poorest are like to suffer the most and disproportionately. One of the ways to deal with this is some sort of income scheme.
Therefore I bring to your attention this article about the Bolsa Familia program in Brazil. This gives poor people a regular cash grant so long as they keep there children in school.
One of the reasons I like this is because I believe subsidies should be given to consumers rather that producers.
I know of a young person in Canada who doesn’t even have an elementary education because his mother thinks school is not important. He would probably be much better off if Canadian family allowance payments were dependent upon his attending school.
Filed under: Economics, Education | Tagged: Bolsa Familia, Canadian family allowance, economic downturn, Economics, Education, income scheme, school |
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