Sunday, May 6, 2012

The dangers of day care

The dangers of day care

"In other words, Amanda Fletcher had to work 1,433 hours per year - 35 weeks - simply to pay for average child care. Factor in the payroll and income taxes at approximately 20 percent of her income, and she'd have to work 1,791 hours, or 45 weeks, simply to break even. Even with the cheaper and substandard family home day care, at $7,350 per year she had to work 1,020 hours, or half the year, just to pay for it. If that is the American way, then the American way is as economically illiterate as it is unsustainable."

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