Americans Aren’t Making Babies, and That’s Bad for the Economy

Re:Americans Aren’t Making Babies, and That’s Bad for the Ec... by mindvirus on Wednesday July 29, 2020 @12:07PM (#23988333)

Minimum wage is $15/hr (teachers make more), daycare is open 8am-6pm. Law has 4-5 kids per teacher, so that's $1000-$1250/kid minimum, plus floating teachers (can't close a class if one teacher is sick), and there's rent and administrators. So the $2.5k/kid is reasonable given all of that - I doubt the school makes a lot of money.

To be fair, you can also get a nanny for about that (going rate is $20/hr or so) which works out with two kids.

Still though, my point is that high costs of child care in the city are a wedge that furthers the gap between rich and everyone else.

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Re:Americans Aren’t Making Babies, and That’s Bad for the Ec... by rukittenme on Wednesday July 29, 2020 @01:56PM (#23989659)

> Law has 4-5 kids per teacher

Is this true? When I was a kid my daycare was like 30 kids per teacher. It was called "Mother's Day Out". I can't remember the cost but judging by the amount of time I spent there it was basically free.

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Re:Americans Aren’t Making Babies, and That’s Bad for the Ec... by ilstormcloud on Wednesday July 29, 2020 @12:53PM (#23988882)

Ah, I didn't realize the children per teacher. It makes sense now. Thank you.

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