Much has been said of Hillary Clinton's absurd and fiscally irresponsible populist pandering idea of giving every baby $5000 at birth.
But has anyone thought about what effect this might have on abortion and birth rates among the poor? Her husband bill took a lot of flak from his own party to take on welfare reform, and reduce the financial incentive for poor single women to have babies. So now, Hillary is going to revive this incentive? Every woman who goes in to have an abortion is basically torching a $5000 bill. She may do more to limit abortions than George Bush.
Postscript: Yeah, I know, the program would probably be structured as some sort of bond that doesn't come due until age whatever. If so, how long do you think it will take payday loan companies to figure out how to factor this bond and pay out now in exchange for the bond's future value.