Unpopular opinion - but I think farming out the majority of the raising of children to daycares is a bad idea in the long term. Obviously some times you don't have a choice, but I think stay-at-home moms (or dads) are extremely valuable for the development of the child and potentially worth more than any monetary gains to be had from dual-income. Yeah, you might not be able to afford a nice house or car as quickly, b…
Why Child Care Is So Expensive
391–400 of 522 posts
Re: Why Child Care Is So Expensive
#392in MA the cost of family daycare is still $6 per hour. This is below min wage and is dirt cheap!!!
Imagine if we paid daycare $25-50/hr ? then the daycare would be truly unaffordable ... how about $103,000/year daycare cost ($50/hr) ???
Re: Why Child Care Is So Expensive
#393Earlier quoted context omitted.
"Taxes are high so I won't try to make more money" - No one ever.
There are lots of people who don't try to make more money because of roadblocks put in by the government. Obviously the uber-rich like Mark Zuckerberg or Bill Gates don't care that much about taxes but for someone in the low to middle income brackets it can be challenging to move up as you pay more in taxes and receive less help from the government. If you make enough money that you can live comfortably and you would…
The people in the middle income brackets don't want to move up, in the sense that they don't want to work 20% harder, to get a 3% increase in their paycheck. (Which is how most employers 'reward' hard work.)
That's because effort and remuneration aren't linked in a 1:1 fashion, not because the marginal tax bracket for the next dollar they earn is three percent higher than the previous one.
Re: Why Child Care Is So Expensive
#394Earlier quoted context omitted.
It's as if they read in "Brave New World" about the abolition of the family unit and they took that as an instruction guide.
That happened some time ago. In fact, one of the issues with so many women in the workforce is that in the 50's that same class of women were providing community networking functions, allowing for local problem solving and support that is somewhat extinct now. Frankly I am unsold on the benefit to society of women in the workforce. Did we gain women's freedom at the cost of strong and good families? It's a taboo, now…
Re: Why Child Care Is So Expensive
#395Earlier quoted context omitted.
>You are assuming massive incompetence on the part of child care workers with no prior evidence. The fact that they earn minimum wage is evidence of their collective incompetence. The fact that they would not be emotionally destroyed by never seeing the child again when either they leave their job or the child moves on is evidence of their indifference. >19% of women with a post graduate degree is huge. How many mill…
> The fact that they earn minimum wage is evidence of their collective incompetence. So, because society undervalues their work, they are incompetent losers, with anti-social behavior disorders? Please, pray tell, how much do you think the people who grow the food that you need to live get paid? Do you think as poorly of them?
The farmer ultimately adds very little value compared to the above, sorry to say.
Re: Why Child Care Is So Expensive
#396Unpopular opinion - but I think farming out the majority of the raising of children to daycares is a bad idea in the long term. Obviously some times you don't have a choice, but I think stay-at-home moms (or dads) are extremely valuable for the development of the child and potentially worth more than any monetary gains to be had from dual-income. Yeah, you might not be able to afford a nice house or car as quickly, b…
I'm not sure that having a child growing up in an isolated environment, interacting with mostly one person, is good or healthy. I have a hunch that exposure to many people, situations and environments is better for the child, as long as the overall exposure is positive. Not only that, but the isolation of the caregiver probably makes the caregiver less fit (depression, imagination-killing-routine) to provide quality…
Re: Why Child Care Is So Expensive
#397If child care is so expensive, wouldn't the income loss of one parent staying at home be irrelevant? Plus, the parent could find some simple side gigs that fit into at home childcare, or even do paid childcare themselves. I think the real problem is people don't like taking care of kids, and would rather have a stranger do the job. Understandable since kids are noisy, disobedient, stinky little things, but we were al…
Well, no. You might still come out ahead even if childcare consumes 60% of the lower earners' after tax income.
Also, the big issue is what to do once the kids don't need such heavy parental attention. Sucks to have lost all your work skills. Also can lead to problematic power dynamics in the relationship.
Re: Why Child Care Is So Expensive
#398Earlier quoted context omitted.
That's the outlier, though. Most states tend to hover in the 5% range. A few states have 0 income tax, but typically make up for it with property tax. But nowhere close to the Federal tax rate...
Most states hover in the 5% revenue compared to what the federal government collects in that state ? I strongly disagree. For example, Utah's tax revenue was $9.9 billion in 2018-2019. Federal was $3.6 trillion. But Utah only has 1% of the US population. So if the rest of the states taxed at the rate Utah does, that would be $990 billion, which is about 1/4 of the Federal take. It's way more than 5%. And Utah is not…
Re: Why Child Care Is So Expensive
#399Earlier quoted context omitted.
> In other words, the extra money may not be making it into the general economy much and it may instead just be supporting higher home prices. This was the topic of conversation this weekend between my wife and I and 4 other couples that we are friends with, each of us with young children. We live in SoCal. We have young kids. We basically can afford to live here, despite having high-paying, dual-income households. T…
You have a house and multiple cars but you can’t go to Disneyland as often as you’d like? Such hardship... barely living...
I have a mortgage, insurance, and taxes.
> multiple cars
I'm really tearing up the road in my 2004 Scion (that I got used in 2010) and my 2014 Honda.
I also have exorbitant childcare costs that are leading my wife and I to question the value of my wife or I continuing to work and live in this place.
I'm not rich. I don't live in Ladera Ranch. I don't own a Tesla and a Range Rover. But fuck me for thinking it'd be fun to take my kids to Disneyland or a Zoo.
Re: Why Child Care Is So Expensive
#400Earlier quoted context omitted.
Taxes are one reason. You have to earn Y where Y >= X * 125% (vaguely speaking) just to break even. If your first thought is something like, maybe we shouldn't tax X spent on daycare- well, that's a subsidy.
In fact, we don't (at least the first $5k, if you have access to a DCRA through your employer.) Why you need to have access to a DCRA and can't simply deduct child care expenses, I have no idea. It's like with an FSA, it seems someone wants to provide a benefit but is purposefully making it harder to use...