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> 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 unders
by 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.