>It’s not a great world to be raising kids right now. It's never been a great world to raise children in. Years ago the child mortality rate meant every family had a Jimmy that wouldn't make it to age 5. It bugs me no end when people assert without citation that the world is worse than it ever was. One thing to keep in mind is that our awareness of the bad things in the world has certainly gone up due to our digital…
Children are expensive, even in the best case. I don't have a source for this one offhand, but, I seem to recall that the median cost of day care in the Bay Area today is around $2k/month, which is a significant sum even for someone on a software engineer's salary. [3] As the article mentioned, having a special needs child can absolutely annihilate a family's finances.
My GF and I have been together long enough to have this discussion, and we decided against children. We'd be jeopardizing both our retirements, bringing a new life into a world that's looking worse and worse by the day, and adding to the problem, all at once.
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[0]: Yes, yes. "Total compensation" has gone up, but mostly driven by health insurance costs. I'm talking about money in peoples' pockets. If you bring this up, you're essentially making my point for me.
[1]: https://www.scientificamerican.com/article/exxon-knew-about-...
[2]: https://www.sciencemag.org/news/2017/07/best-way-reduce-your...
[3]: And, it's not going to go down in real terms, either. Childcare suffers terribly from Baumol's cost disease: https://en.wikipedia.org/wiki/Baumol%27s_cost_disease