Innovative ways to stimulate the economy: A parental stipend for working families

This is just one of the Innovative Ways to Stimulate the Economy suggested by DailyFinance contributors. See them all.

During a recession, public policy officials have to get creative. Certainly they've done just that during the current financial crisis and economic slowdown. Still, despite a number of appropriate, innovative public policies, and some yeoman's work by the Fed, the reality is that the U.S. economy will need more stimulus in the year ahead. One option policymakers should consider: instituting a parental stipend or child-rearing payment.