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Hungary is currently experiencing a historic boom in marriages, thanks to govt scheme

Posted on 12/1/19 at 5:15 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
71501 posts
Posted on 12/1/19 at 5:15 pm
quote:

(Reuters) - A new Hungarian government scheme to promote marriage and childbirth with subsidized loans has already helped produce a boom in weddings, though it is still too early to say whether more babies will follow.

Nationalist Prime Minister Viktor Orban has made it a priority to persuade more Hungarians to marry and have children to reverse a population decline. He has introduced a number of tax benefits and other programmes to favor families.

A big new scheme this year offers couples that marry before the bride's 41st birthday subsidized loans of up to 10 million forints ($33,000). A third of the loan will be forgiven if they go on to have two children, and the entire debt wiped out if they have three.



quote:

The central statistics office (KSH) said there had already been a 20% surge in the number of people getting married during the first nine months of this year. The number of weddings recorded was the highest over that period since 1990.


LINK


If you are concerned that key desirable groups are not having children in America, this could be a policy to support
Posted by DavidTheGnome
Monroe
Member since Apr 2015
30522 posts
Posted on 12/1/19 at 5:17 pm to
The world does not need more people.
Posted by Tigers0891
Baton Rouge
Member since Aug 2017
6947 posts
Posted on 12/1/19 at 5:18 pm to
This policy would never work in America because just the mere mention Romney made about how so little pay taxes was enough to send the media into foaming at the mouth.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
70291 posts
Posted on 12/1/19 at 5:19 pm to
They hungry for them forints?
Posted by RummelTiger
Texas
Member since Aug 2004
92026 posts
Posted on 12/1/19 at 5:19 pm to
quote:

If you are concerned that key desirable groups are not having children in America, this could be a policy to support


I'd rather pay people to NOT procreate.
Posted by Malik Agar
Member since Nov 2012
12076 posts
Posted on 12/1/19 at 5:26 pm to
quote:

I'd rather pay CERTAIN people to NOT procreate.
Posted by FightnBobLafollette
Member since Oct 2017
12204 posts
Posted on 12/1/19 at 5:27 pm to
quote:

this could be a policy to support



A policy of government intervention.

Another small gov conservative rears his head. Lol
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
144680 posts
Posted on 12/1/19 at 5:28 pm to
quote:

The world does not need more people.
the world isn't tapped out
Posted by NYNolaguy1
Member since May 2011
21443 posts
Posted on 12/1/19 at 5:31 pm to
quote:

The world does not need more poor people.


The birth rate among wealthy families is plateauing while the birth rate among poor families is booming.

The wrong people are procreating.
Posted by EmperorGout
I hate all of you.
Member since Feb 2008
11433 posts
Posted on 12/1/19 at 5:33 pm to
Socialism for marriage and childbirth isn't a position I think I'd see coming from American conservatives if I'm honest with you
Posted by EmperorGout
I hate all of you.
Member since Feb 2008
11433 posts
Posted on 12/1/19 at 5:34 pm to
quote:

The birth rate among wealthy families is plateauing while the birth rate among poor families is booming.



This is literally the trend for the wealthy classes in pretty much every human society. There are many, many scholarly works on how few children the Roman nobles had
Posted by Hogbit
Benton, AR
Member since Aug 2019
3091 posts
Posted on 12/1/19 at 5:37 pm to
This would work if you could slow down the Indians and the Chinese.
Posted by crazy4lsu
Member since May 2005
37741 posts
Posted on 12/1/19 at 5:37 pm to
Hungary has been trying a number of methods to increase its TFR, which fell to a low of 1.2 in the early 2010s, which is an insanely low number. Things have improved since then, albeit they are still a long way from replacement rates. Most developed, wealthy countries attempt to entice marriage by offering heavily subsidized childcare, with one of the hallmark examples being Japan's "Angel Plan" which was instituted in 1994. Despite reconstituting the plan in 2009 to offer more incentives, Japan's TFR is only now reaching the TFR it had when it first instituted the plan.

Directly subsidizing childbearing so directly is pretty much the only thing that hasn't been tried, and I'll be interested in seeing the results in a decade or so. If there is an appreciable increase, I would suspect that every country would try a similar scheme.

Why direct subsidization hasn't been tried is another story though. In the US, with all the supposed stories of welfare recipients who are incentivized to have children, there has been a precipitous drop in TFR across races and demographics in the US. According to the CDC, there are only small pockets of the country where rates are at replacement; overall, for all races, TFR is down below replacement. White people reached sub-replacement rates in 1979 or so, Black people in 2000 or so, and Hispanic people in 2015 or so. If such subsidization programs were as effective as people say they are, one would expect the data to reflect that.

I do wonder what the enforcement mechanism will be, as with Hungary's scheme, it promotes reaching the third child number, at which point all debt would be forgiven. That also seems like a situation which would incentivize fraud, as well as interference of the criminal underworld.
Posted by Carl Tuckerson
The wind-swept plains
Member since Oct 2019
1026 posts
Posted on 12/1/19 at 5:38 pm to
I like the concept but there are several reasons I could never support it in America today. Our government would find a way to ensure that it’s nothing more than handouts for deadbeats while doing everything in its power to prevent hard-working people from ever sniffing the loan office.
Posted by crazy4lsu
Member since May 2005
37741 posts
Posted on 12/1/19 at 5:39 pm to
quote:

The birth rate among wealthy families is plateauing while the birth rate among poor families is booming.



The CDC data shows that the overall birth rate for all ethnic groups is below replacement, thus it doesn't seem as though the birth rate among the poor is much higher than the rich, if at all, or else it would be reflected in the data.
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 12/1/19 at 5:39 pm to
here in america they should reduce all forms of gubmint benefits totaled by half if a woman has more then 1 kid

and if she has a 3rd kid then cut all forms of gubmint benefits totaled by 75%

and if she has a 4th kid, she gets no benefits at all of any kind
Posted by EmperorGout
I hate all of you.
Member since Feb 2008
11433 posts
Posted on 12/1/19 at 5:41 pm to
quote:

The CDC data shows that the overall birth rate for all ethnic groups is below replacement, thus it doesn't seem as though the birth rate among the poor is much higher than the rich, if at all, or else it would be reflected in the data.


The idea that we pay poor people to reproduce is a religious conviction of utmost importance for American conservatives, and they aren't gonna move from it no matter how many facts you throw at them
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
71501 posts
Posted on 12/1/19 at 5:45 pm to
We don’t do it directly, but our system is designed in a way that shields poor mothers from the financial repercussions of having a child she can not afford
Posted by OweO
Plaquemine, La
Member since Sep 2009
117718 posts
Posted on 12/1/19 at 5:45 pm to
Not sure if this is a scheme. It seems like people are knowing exactly what they have to do to get these benefits. And all people have to do is find someone who is willing to have 3 kids with them and they get $33,000..
Posted by Hogbit
Benton, AR
Member since Aug 2019
3091 posts
Posted on 12/1/19 at 5:48 pm to
Wut?
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