4 ms·
Child care is incredibly expensive, idk how anyone who isn't incredibly rich does it. Like 1k a month to get your child watched for 3 half days a week. Who has
by tayo42 1y ago
Child care is incredibly expensive, idk how anyone who isn't incredibly rich does it. Like 1k a month to get your child watched for 3 half days a week.
Who has a spare 1-2k laying around per month?
Also annoying this article introduced Baumol effect without mentioning what it is and just plugging a their book.
- JTbane 1y agoIt seems like the childcare companies recognize that it's either one parent quits their full-time job or pays them.
- bombcar 1y agoQuit your full time job and do home childcare!
- ndjeosibfb 1y agowhy is this always presented as a bad thing?
- bombcar 1y agoBecause people are deathly afraid of poopmachines for some reason.
- pempem 1y agoBecause when the person who quits their job becomes in some other way disenfranchised or their partner is unable to work for some reason, there is no safety net, no savings and no established career they can find their way back into. Healthcare is tied to a job. Retirement is tied to a job. Social security is a joke. etc. etc. etc.
- mjohn 1y agoThat's a bit unfair. The Baumol effect is well known to most people in the author's audience. If you had clicked on the link to his book you would have found out that it's available for free: https://www.mercatus.org/students/research/books/why-are-prices-so-damn-high https://www.mercatus.org/students/research/books/why-are-pri...