During the pandemic, many day care centers were shuttered. But some remained open thanks to federal assistance. However, this assistance is set to expire on Sept. 30.
Ashleigh Proctor and Josephine Kalipeni, executive director of Family Values at Work, join 'FOX & Friends' to discuss the impact of high child care costs on families as federal funding is set to expire Saturday., which was based on the premise that every young person should go to college and incur whatever debt necessary in order to obtain said degree since the loan"can always be paid back" later.
If far fewer parents use subsidized day care, the industry will become smaller in scale, thus making it more affordable for those who truly need it. . Single-parent and lower income families, which are often one and the same, clearly need support. But most married parents do not. These couples have each other, and that counts for a lot. Many single-parent families would love nothing more than to have a spouse to help ease their burdens.
In reality, the mass exodus of mothers from the home – which, let’s not forget, was a political, not an economic, move – simply boosted the GDP. After all, when both parents work, they have to pay for child care. They have to buy new work clothes. They spend money on commuting, as well as on takeout and convenience foods since no one’s home long enough to cook. Even the coffee industry benefits. All of these transactions further swell the national income accounts.
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