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Thursday, September 10, 2009

PLAN WOULD PAY JAPANESE FAMILIES TO HAVE KIDS: CNN

reports:
Yoshiko Sato would love to give her only son a brother or a sister. But money struggles and Japan's cost of living have pushed the mother to wait.

A proposal to pay parents about $3,400 a year per child has got her thinking seriously about expanding her family. The cash for kids plan is the brainchild of the country's new ruling Democratic Party of Japan, which came into power during the elections this week. The proposal has garnered supporters and critics.

"It would help us with a second child," Sato said.

The proposal would pay families the money every year until the child reached high school. It is an effort to boost Japan's birthrate, which is one of the lowest in the world and is a major drag on the country's economy. It is compounded by Japan's rapidly aging population. ...

Critics also have said the plan would not fix a significant problem for working families -- the lack of day care centers. About 40,000 children are on waiting lists for day care, according to government figures.

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