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"Jobs for women are higher-paying and more satisfying than ever before, and that raises the opportunity cost of having large families" This is not true. Depend
by craig1f 9y ago
"Jobs for women are higher-paying and more satisfying than ever before, and that raises the opportunity cost of having large families"
This is not true. Depending on the wife for income prevents her from focusing on having a large family. Without the assistance of a grandparent or some expensive nanny, this tends to limit the number of children in the family to 2 or 3.
Also, women working has driven the price of houses up, so it's difficult to get by with one working parent now. Women have less of a choice to work now, and more of an obligation.
This doubling of eligible workers also drives down the salary of everyone, making men pull in less money, further forcing women to work whether they want to or not.
Not to mention how expensive large vans/suvs are to actually drive them around.
- euphoria 9y agoYou and the author are both suggesting that improvements in jobs for women raise the opportunity cost of having large families, yet you are framing it as a refutation.
- craig1f 9y agoYeah, I read that wrong. Whoops
- lacker 9y ago"Jobs for women are higher-paying and more satisfying than ever before, and that raises the opportunity cost of having large families" This is not true. Depending on the wife for income prevents her from focusing on having a large family. You claim to be disagreeing but I think you are agreeing with that comment. By referring to "opportunity cost", the author means precisely that when a woman works it is harder to have a large family. Not having a job is one opportunity cost of children.
- aidenn0 9y agoI believe that craig1f is claiming that if most women did not work, wages would be higher for those women that do work (due to reduced labor supply), so increased labor participation for women has lowered the opportunity cost compared to a hypothetical world in which women work.
- klipt 9y agoSo back when being a stay at home mom was the norm, it was hard, but now that working moms are the norm, being a stay at home mom is easy? I don't think that checks out.
- watwut 9y agoWhile being stay at home was the norm, around 33.9% of women in 1950 worked and it continued to go up. That is not completely negligible number. (The number for males was closer to 86.4%)
- craig1f 9y agoI think that things are hard for different reasons. Nothing will ever be easy. If you believe life will get to the point that it's easy, you've got things wrong.
- CalRobert 9y ago"Not to mention how expensive large vans/suvs are to actually drive them around. " Just driving is pretty expensive. Not owning a car saves loads. Unfortunately, it usually takes a lot of money to live somewhere that doesn't require one. Also worth noting - my wife would be at home with the kid right now (I have a much higher income) except she has substantial student debt, so off to work she goes. This means paying for creche too. We couldn't afford creche fees for two kids, and she can't afford not to work due to aforementioned debt. Also we had a kid because we were approaching mid thirties and it was a now or never thing, but it would have been nice to get a home big enough for two kids (a 3 bed apartment, or a bigger 2 bedroom apartment, would suffice) but the numbers don't add up.
- klipt 9y ago> Not owning a car saves loads. Unfortunately, it usually takes a lot of money to live somewhere that doesn't require one. In America perhaps. Europeans seem to manage, generally on lower salaries than Americans...
- watwut 9y agoCheaper healthcare, education and available public transport (less need for car). That matters greatly. Also, not having much money seems to be less stigmatized and less criminalized then in America. There is some stigma, but there is less of "you are not rich therefore you are stupid" attitude.
- CalRobert 9y agoWe moved to europe. I actually doubled my salary but I only really managed to become a dev here,in the US I floundered. It was the depths of the great recession though.
- dpark 9y agoDoes your wife’s work actually offset the cost of childcare? I ask because you say your income is much higher than hers but you cannot afford a three bedroom apartment. This seems to imply that her income is quite low. I know a number of families who ran the numbers and found out that the second income didn’t offset the cost of childcare. Or if it did, the excess income was so low as to be negligible. Don’t forget that there are tax implications to having a second income.
- setr 9y agoI have the feeling that even with a full-time housewife, having lots of children still goes hand-in-hand with multi-generation families living together. I can't reasonably imagine dealing with 6 kids without uncle/aunt/grandmother around too
- cimmanom 9y agoThe large families I know each have one full-time homemaker (Mom or Dad) and no other family nearby. They depend heavily on the older children to help out. For instance, an 8-year-old can do laundry (except for carrying the basket), or vacuum, or prepare sandwiches for the entire family's lunches. A 12-year-old can change diapers, assist in the kitchen, or keep an eye on younger children of any age for an hour or two while Mom and Dad are a couple rooms away cooking or doing other chores. In some states, a 15-year-old can drive siblings to school; and in most a 17-year-old can drive them to other destinations. One thing I've noticed is that the children in these families are much more mature, responsible, and independent than children of similar ages in 1-3 child families.
- mywacaday 9y agoAlso need to consider that taking a 4-5 year career gap to raise children to school going age just isn't an option for a lot of professions.
- pvelagal 9y agoElizabeth Warren's book "The Two-Income Trap: Why Middle-Class Parents are Going Broke" describes this phenomenon pretty well
- craig1f 9y agoNote: I read the article wrong, and read "raises the opportunity cost" as "raises the opportunity". I thought I was refuting the point, but in fact, agreed with the point. Whoops!