I agree with you vigorously on both those points. I am skeptical however that NM will be able to create a lot of healthy, play-based environments for so many kids.

The market already has incentives to create them -- a ton of good places have waiting lists nationwide, showing unmet demand even at the current price. This suggests the price will need to go higher to attract enough people to do this job. It seems their "$12,000 value" estimate is based on an optimistic belief that they will be buying childcare for their citizens at current prices. When they realize there aren't that many slots available at current rates of pay, will they be okay significantly increasing the costs of the program?

So, my expectations for these facilities are very low and that's a big part of my concern.