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I am not in that market, but this seems implausible. My neighborhood is pretty prosperous, but I doubt that $400k/year is the standard. Yet kids do go off to da
by cafard 7mo ago
I am not in that market, but this seems implausible. My neighborhood is pretty prosperous, but I doubt that $400k/year is the standard. Yet kids do go off to daycare.
- altairprime 7mo ago400K gross before taxes is qty2. of $200k/yr which is IC4 or so, right? Seems plausible enough.
- ALittleLight 7mo agoMedian family income in the US is a little over 100k. 400k to afford childcare is a ridiculous lie/error.
- deleted 7mo ago[deleted]
- altairprime 7mo agoYes, that’s the point they’re claiming: a median family cannot afford healthcare. Are there any figures in particular asserted by the article that you consider faulty, or merely the conclusion?
- ALittleLight 7mo ago"Uh, excuse me. This ad for a payday loan company says the vast majority of households can't afford this thing that most households with children do, in fact, afford and pay for. Which figures do you dispute?" Concluding something farcical and then asking people to debate it is silly and a waste of time. 400k is an extremely high household income. Childcare is a common expense for families with children. The claim that only extremely high income people can afford a common expense is wrong on its face and needs no further analysis.
- toomuchtodo 7mo agohttps://www.visualcapitalist.com/mapped-daycare-costs-by-state/ https://www.visualcapitalist.com/mapped-daycare-costs-by-sta...
- Seattle3503 7mo agoThey might be spending more than the recommended 7% of their income on childcare. That's where the 400k number came from.