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Child Care is Expensive, or Why I Bought My Mother-In-Law a Car
@mrdann It is indeed hard to argue with someone who does not even accept the basic facts as shown by the data. Once we agree about the data, which clearly shows that childcare prices are an important determinant of female LFP, then we can move on to personal opinions (e.g. about whether and how... -
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Child Care is Expensive, or Why I Bought My Mother-In-Law a Car
@mrdann 29% of a 3% decline (more like 6-9% if you compare it to the increasing trend in other countries) is huge. Back of the envelope, the Blau and Kahn study implies that if childcare costs in the US had followed similar trends as they did abroad (where LFP kept going up), we would have had... -
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I am at a loss with my 2.5 year old’s behaviour
@smallman That sucks. I realize you've probably already exhausted some of the available resources that might help (e.g. the book "How to talk so kids will listen"), but this free online Coursera course by a Yale professor might also be useful, it offers quite a lot of practical, hands-on advice... -
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I am hating this 2-3 years phase - Is it just me?
@paloma22 Maybe you would enjoy this book: https://www.amazon.com/No-David-Shannon/dp/0590930028/- kalistos
- Post #18
- Forum: One and Done Parents
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Child Care is Expensive, or Why I Bought My Mother-In-Law a Car
@mrdann This study (published in a top journal) is a little dated (from 2013), but recent relative trends in female LFP and childcare costs in the U.S. versus most other developed countries would only strengthen its conclusion: Female Labor Supply: Why Is the United States Falling Behind? -... -
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Child Care is Expensive, or Why I Bought My Mother-In-Law a Car
@mrdann My statement did not relate to urban vs. rural areas at all, it's a state-wide average (based on public data from Childcare Aware for America and the Consumer Expenditures Survey). My point was that many parents find it more financially sustainable to become stay at home parents for... -
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Child Care is Expensive, or Why I Bought My Mother-In-Law a Car
@dfc302 Try: this thing has positive externalities on society (increasing productivity of future tax base) and also causes a systemic market imperfection (kids cannot borrow against their future earnings to invest in their own high-quality childcare when younger), so there's a clear role for... -
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Child Care is Expensive, or Why I Bought My Mother-In-Law a Car
@brandonhi My grandma is 95, and lives in an amazing retirement home in Western Europe (MCOL/HCOL area) which has 24/7 medical staff, daily physical therapy, nice amenities (great restaurant and bar, nice garden, hair dresser, cleaners, nurses, social workers, cable TV, etc.). She pays a little... -
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Its all the same song..
@adprguy It’s the toddler equivalent of the 4 chord song!