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72 sats \ 2 replies \ @Undisciplined 5h \ on: Child care is unaffordable for working families across the US econ
Child care is one of the largest expenses in a family’s budget partly due to early care and education requiring long operating hours for better access and a low student-to-teacher ratio for better quality.
They completely omit that it is artificially expensive, because of numerous regulations on providers that prohibit less expensive options that parents would prefer to have.
Somehow, all of these services used to exist and used to be affordable.
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26 sats \ 1 reply \ @0xbitcoiner OP 5h
does regulation intervene directly in the price or does it force certain standards that make the price higher?
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51 sats \ 0 replies \ @Undisciplined 4h
There aren't any direct price controls, that I'm aware of, but there are a bunch of mandated expenditures. Those obviously have to go into the price.
Basically, what got run out of existence are all the little old ladies who used to use their homes for daycare.
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