A Boring Dystopia

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Almost 1 in 4 millennials and Gen Z-ers say they won't have kids due to finances (www.cbsnews.com)

submitted 6 days ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 5 days ago

Childcare is a massive one that needs government funding. You can pay 1.5k per child and given that many places do 1 teacher to 3 infants, the literal max that one teacher can make, if every penny went to the teacher, is 4.5k/month, or 54k/year. This does not include facilities, utilities, administration, taxes etc. we all know in reality the teacher salary is much, much less.

In order to fairly compensate childcare staff, rates in reality need to be much higher. The problem is that severely limits access to childcare, which has a cooling effect on parents advancing their careers, because many will not have a choice between being a stay at home parent or working.

Therefore the government supplementing the costs is a much-needed solution.