Giving everyone 5k would more meaningfully improve birth rates than asking educated young people worried about their future childrens' standard of living to take a leap for the cost of one small medical emergency.
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40k/year sounds premium. But what little do I know, I am German and pay about 3k/year for a very nice Kindergarten.
This could be “premium” childcare like a Waldorf school or it could be the cost of putting 2 kids into regular daycare in an expensive city like San Francisco. It would certainly be cheaper in less expensive places, but incomes would also be lower.
Here are some estimates by state: https://illumine.app/blog/how-much-childcare-costs-by-state-in-usa
What’s stopping communal childcare from becoming a thing again? This is how working parents did it for thousands of years.
I imagine a mix of the already diminished size of extended family units, and the liability implications if it's outside your own family unit.
You're essentially just describing an unlicensed daycare if it's not a family member, and those exist.
Gotta rebuild our community support networks. There are obstacles but it seems solvable.
A lack of communities. Communal child care works great when you live in a village and you know everyone and most people around you are related to you.
We don’t have that anymore. People live in suburbs where they don’t even want to talk to their neighbours. Their relatives live far away, potentially in other provinces/states or even other countries.
Heck, a lot of people don’t even like their own relatives!
Nothing. You can find communities online (I don't have one to recommend.)
Just remember, for most of history your neighbors were at least distant relatives.
Where is all this daycare money going? My daycare was like 8 ladies that just sat around in a playroom doing arts and crafts with us all day and took us to the pool and library in summer. They could have covered that on 2/3 kids each at 40k a year/kid. They didn't seem to be particularly well off...
This might give some clues: https://nwlc.org/wp-content/uploads/2024/06/Two-Pager-Understanding-Private-Equity-in-Child-Care.pdf
How many friends are we talking about?