As child care costs soar, more parents may have to exit the workforce

Re:As child care costs soar, more parents may have to exit t... by anonymoushn on Thursday November 02, 2023 @05:21AM (#38110900)

> It’s not about how we measure it, it’s about actual productivity. Having some sort of communal childcare which allows the majority of parents to work full time will always be more productive.

What's measured is the amount paid. Hiring exclusively 1-on-1 tutors is "more productive" than communal childcare. Paying more money for the same services is also "more productive."

[ Parent | on HN ]

Re:As child care costs soar, more parents may have to exit t... by ffgjgf1 on Thursday November 02, 2023 @09:22AM (#38113153)

> more productive" than communal childcare. Paying more money for the same services is also "more productive."

That’s not obvious, those tutors might be doing something else which is more productive instead.

Just spending money does not do much on it’s own. e.g. paying $100 for a good/service when you can get an equivalent for $50 doesn’t “increase” productivity it just means your money is worth less.

If children educated by private tutors are not significantly more productive than those from a normal school longterm that would only lead to lower productivity/higher inflation.

[ Parent | on HN ]