T-Bills for Tots

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The Federal Reserve recently launched a site geared towards kids aged eleven to fourteen. Trying to make financial matters “fun and interesting,” children are lead by a giant eagle wearing a patriotic top-hat and a tie through the basic world of the Federal Reserve. Curiously, the site fails to mention the word “debt” anywhere, a gaping hole in any economics lesson. But it does delve into interest rates, inflation, growth and the Federal Open Market Committee.

Another fun kids’ site stimulates kids by querying: “Have you ever asked ‘Why do we have to pay taxes?’ Do your parents pull their hair out around April 15th?” Oh, to be a kid in the age of the internet.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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