Why Child Care Is So Expensive
21–30 of 522 posts
Re: Why Child Care Is So Expensive
#22The thing with female workforce participation: isn't it just symptom of the society getting poorer. My wife worked her ass off. I was making about 130k / year. She was making about 60k / year. Then we not only moved from the US to Poland (where live is just so much cheaper). But I also started making about 330k / year. All the willingness to work evaporated on her part :-) Instead we have another kid. She stopped tal…
I don't think that's necessarily woman-specific. I'm a guy, and if I could stay at home all day and spend time with my kids, I would too. Certainly, I would if my wife was making 330k/year :D
Re: Why Child Care Is So Expensive
#23Re: Why Child Care Is So Expensive
#24It doesn't have to be this way. Québec has had subsidized daycare for almost 25 years, and the program literally pays for itself (and more!) via increased income taxes from parents that would have otherwise chosen to stay at home. https://www.citylab.com/equity/2018/12/affordable-daycare-su... > In Montreal, Quebec’s largest city, a day of child care cost on average $10 in 2016 > Quebec’s program, which introduced lo…
Re: Why Child Care Is So Expensive
#25It doesn't have to be this way. Québec has had subsidized daycare for almost 25 years, and the program literally pays for itself (and more!) via increased income taxes from parents that would have otherwise chosen to stay at home. https://www.citylab.com/equity/2018/12/affordable-daycare-su... > In Montreal, Quebec’s largest city, a day of child care cost on average $10 in 2016 > Quebec’s program, which introduced lo…
Re: Why Child Care Is So Expensive
#26Women's introduction to the workforce was the right thing to happen but it fundamentally hurt labor and the "middle class". You can't double the supply without changing anything in the system and inflationary effects of dual income are ridiculous.
Of course correlation =/= causation, but perhaps it was one of the contributing factors to the 10+% inflation rates of the late 70s early 80s.
Re: Why Child Care Is So Expensive
#27The thing with female workforce participation: isn't it just symptom of the society getting poorer. My wife worked her ass off. I was making about 130k / year. She was making about 60k / year. Then we not only moved from the US to Poland (where live is just so much cheaper). But I also started making about 330k / year. All the willingness to work evaporated on her part :-) Instead we have another kid. She stopped tal…
I would be very careful about making that large a generalization (that all else being equal, women would prefer to stay home over working). Childcare is mind numbing work, especially with young kids. Sure, some women (and men) would prefer that, but a LOT of women prefer office work over raising children. "why not to enjoy life instead of spending 50-60 hours at the office?" is really selling short how much work rais…
Re: Why Child Care Is So Expensive
#28Re: Why Child Care Is So Expensive
#29Women's introduction to the workforce was the right thing to happen but it fundamentally hurt labor and the "middle class". You can't double the supply without changing anything in the system and inflationary effects of dual income are ridiculous.
This is like arguing that the invention of the assembly line caused inflation because you could produce too much.
You contradict yourself by saying 'double supply' and 'inflationary effects'... increasing supply of a commodity (in this case labor) should DECREASE inflation, not increase it.
Re: Why Child Care Is So Expensive
#30The thing with female workforce participation: isn't it just symptom of the society getting poorer. My wife worked her ass off. I was making about 130k / year. She was making about 60k / year. Then we not only moved from the US to Poland (where live is just so much cheaper). But I also started making about 330k / year. All the willingness to work evaporated on her part :-) Instead we have another kid. She stopped tal…
do you have a business for 330K/year in Poland?