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Kamala Harris Has A Plan To Make Child Care Affordable, But (SURPRISE) The Math Doesn't Add Up
Posted • September 18, 2024: If you have a family, you know the decisions surrounding child care -- and the costs -- are major ones. The national cost of childcare is averages around $11,582 annually. But never fear! Kamala Harris has a plan. Kinda. -- Vice President Kamala Harris said that she would seek to cap child care costs for working families at 7% of their income. -- Seven percent? Really? It's not really a plan, and it gets absolutely bodied by math. Okay let's play this out: Average family earns $74K annually. 7% of $74K: $5,180. Divided by 52 weeks: $99. Average kid with two working parents needs 35 hours of care per week, so you're paying $2.82 per hour. But also the child care worker is gonna earn $20/hour, somehow? -- So. Math.
That means one child care worker has to have ten children in her care to make a $20/hour wage and that doesn't include food or the facility or educational materials or supplies. This means you have to either have large volume child care centers, pay child care workers far less, or massive government subsidies to offset the costs to parents. Which means the price of child care -- like health care and college tuition -- will skyrocket. Joy! Vibes! Or something. There are three facets of services like child care: 1. Affordable 2. Quality 3. Available. You get to pick two, when government is involved. Kamala would have to nationalize the child-care industry to make this a reality, that would force parents to pay 7% of their income to govt-approved care providers. Yep. That's where this is headed. Massive government involvement. Which means massive government spending. Which means taxes. So families will be paying more in taxes to 'save' on child care. Brilliant! (…)
• More at: Twitchy - Kamala Harris Has a Plan to Make Child Care Affordable, but (SURPRISE) the Math Doesn't Add Up
https://twitchy.com/amy-curtis/2024/09/18/kamala-harris-7-percent-income-child-care-cap-n2401116
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