3 ms·
Except in one of the richest countries on the planet the cost can literally disappear if governments prioritise differently. The US prioritises other things, s
by maxehmookau 3y ago
Except in one of the richest countries on the planet the cost can literally disappear if governments prioritise differently.
The US prioritises other things, so childcare is more expensive than it otherwise might be.
- polski-g 3y agoIf the government subsidized childcare by $400/mo, then providers would raise costs by $400/mo. They already know what the market can bear. My cousin has several car dealerships. During the Cash for Clunkers program, the government was giving a $2000 new car tax credit. He raised the cost of every car on the lot by $2000 exactly. If you want something to come down in cost, then you must make it's input costs decrease in price.
- maxehmookau 3y ago> If the government subsidized childcare by $400/mo, then providers would raise costs by $400/mo. Then the government steps in and forces them not to. I understand that in the US the idea that the government could have the best interests of its citizens in mind is an alien one, but in much of Europe this is a solved problem. It requires political will. The costs of childcare haven't actually soared, it's a captive market. Reducing quality is dangerous (because, again, these are small humans who require high-quality care from qualified individuals), so regulation is the only option.