▲ | hellojesus 2 days ago | |
> Childcare has gone up 30% in the last few years alone and wages, as you have likely experienced, have not. This is a major statement, and I don't think it's fully qualified. Why have childcare expenses imcreased by 30% in the past few years? There should be an arbitrage opportunity if costs have stayed fixed. If costs have increased, is it due to general economic pressures or increased regulatory burden? If the former, wages should catch up (and flooding the market with additional labor likely will exert downward pressue market wages). If the latter, then why on earth are we passing such nonsense regulation? In either case, moving out of a major metro is always an option. | ||
▲ | pempem 2 days ago | parent [-] | |
Hi Jesus According to a quick google and the census: || Approximately 3 in 4 Americans (or about 86%) live in a metropolitan statistical area (MSA), with the percentage of the U.S. population in these areas reaching an all-time high. As of 2024, nearly 294 million people—or about 86% of the total population—resided in a metro area, a trend that continues to grow. If we think the wage differential will keep up in less populated areas, that is no longer occurring either. We do not live in a perfect capitalist system and many trades, activities and services are given benefits and protections for a variety of reasons. There are other places - outside of the US - that have provided this tax credit. Its not shameful to learn from other countries and adopt things that are going well and are beneficial both to the freedom of people and the economy. |