Raising a kid in America is expensive. The cost of child care has nearly tripled since 1990, which is more than the overall rate of inflation., it costs more to send a toddler to day care than it does to pay for housing, transportation or even college tuition.But the tension around the cost of child care in the U.S. really boils down to who foots the bill. In countries like Denmark and Sweden, the government covers much of the child care costs.
Federal child care funding in the U.S. has been in a perpetual ebb and flow in response to cultural values. During World War II, the federal government came the closest it's ever been to having universal child care.Watch the video above to learn about the history of child care in America and how rising costs are impacting families today.
Hey, just play the game. Cohabitate, not marry. Get on government assistance and have your man work under the table. You'll be living better than a couple working 50 a week. ..and you wont miss your daytime television. Score!
The cost of living in the NYC area is the most expensive for childcare & housing. They are the 2 biggest expense categories for parents.
These people need a new plan, this makes no sense
Seems like everything has gone up more than the supposed rate of inflation.
Children are now a “human burden.” Wonder what they call the elderly?
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Prob has to do w trend to have dual incomes. If u choose to have dual incomes y should govt help
Back when one person could provide for the family but most women have changed as many other factors
“Burden”? Notice how the media promotes this anti child agenda these days in the most subtle ways.
federalreserve look inflation is found
Not everyone has to spend on Chil Care, but take a good look at prices in the grocery stores. Don’t know where the government CPI gets their data, but they have been seriously LOW in their numbers, for several years!
The cure for the cost of child care; be a stay at home mom and raise your own children.
Yeah but the Fed says we NO INFLATION, are they just lying their ass off so that they can keep a monetary policy going for stocks? More disgusting pigs at work serving a tiny group of people. Shameful
Businesses, Nonprofits, Charities and Government programs are biting the hand that feeds them, the public. Big change is coming by a shared logic of participation with consumers and businesses that prompts a monetary value for both.
Vote for politicians who won’t tax your family into needing two incomes to pay off their government racket.
IN ADDITION TO CHILD CARE OVER THE PAST 40+ YEARS....
Everybody want the best kid ever and they are willing to pay. In the perception was different.
Mothers are forced to work to keep up with the Jones's rather than be mothers. Care costs for children, same for pensioners/parents. Any great global benefits. Reckon no there aren't.
Maybe get married and raise your child with husband, father. What a concept.
Ummm don't live in New York city where rent is 5k per month
Cost to raise a high school grad ~$250K (2018 info) High school grad lifetime earnings: $1,750K for a 7x societal ROI
it would be a nice task for melania trump to support official childcare...'be best' cannot be valid only for the rich...
The government isn’t responsible for us. We can take care of ourselves. It’s called being an adult. Stop acting like the government is our parents.
Get your life straight before expecting a baby-daddy to cover your Bill's ( esp a government- baby- daddy)
i believe it and i respect it but lets think about countries that dont even marriage for those reasons....dollars gives stability on the market!!!!
Then y have 3 ?
Because the 'overall rate of inflation' is not measured accurately.
We need to take a page from more advanced societies like the EU and subsidize childcare. Children are our most PRECIOUS commodity, if you will. Call them ALL beautiful. Give them something to strive for and direction.
People spend too much money on useless things for their children.
If we think money & the economy have more value & worth than life, health, education & the environment - but don't know how finance works ... ... how do we know our challenges are consequences of our choices?
Maybe they do not want someone else raising their children?
Frigging greedy baby boomers passed nothing forward. Nothing.
Not only is there no help for early childhood education, the care givers do not have that much education and they get paid very little. And, children have to stay up to 10 or 11 hours so parents can work to pay for it.
In the 40's there was a BIG war going on. Maybe you've heard of it, WWII. Thus the need for government help for many solo mothers. Today, there should be NO government-supported childcare. There is no reason taxpayers should pay for it. Stop resurrecting this lame DNC whine.
I gotta say, the School system is half assed by letting 12 year olds out at 2:30 in the afternoon when most ppl work the 9-5 sched. Very Reckless.
Now write an article detailing the increase in government regulation and subsidization of child care since 1990.
Too expensive to have kids. Liberal women’s lib took care of men’s pay. Two pay checks required, then bad for kids, no stay at home mom. WW2 messed up family structure. Declined ever since.
Glad my wife and I raised our kids like June and Ward. Lot easier and with tax advantages
Also, there was no cost when most women were stay at home moms. Now women work just to pay for childcare so they can continue to work to pay for the child care. It’s stupid. Take a break from your career if you want a family (which you should)
I have an inclination that the expectation of how much to spend per child has increased more than the actual cost.
Companies need to pay married workers more than single workers. The companies should seek to support families and marriages, to keep workers contented and loyal. It helps to build the community and strengthen the society.
Now do housing. Then health care. Then college. Might just paint a picture of why the American middle class is getting decimated.
An argument of personal income, the capacity of generating it, market dynamics & willingness to have a child. From geographical perspective many with more social values rigidity that favoring households more than other important decisions made miscalculations created imbalances.
Now do housing. Than health care. Than college. Might just paint a picture of why the American middle class is getting decimated.
realKunalAShah This is why Universal Basic Income, UBI, like Andrew Yang supports is so superior to inefficient and ineffective govt programs.
Exotic now
Robots are cheaper and don’t require child care.
Why is this video cut short?
Should not the cost of raising a kid be a fundamental component of the inflation consumer basket?
Don’t have kids without a marriage and don’t have kids until you have a nest egg and don’t have kids you can’t afford on one income. Done!
No shit. Anyone want to buy a kid?
The govt is so screwed up, dreaming they can fix this, without screwing it up, is a fairy tale.
The government should not be covering any of it. Its the parents responsibility to take care of thier kids not the taxpayers.
The government is not responsible for child care. Parents are responsible for child care.
GFY
You mean compared to when a good chunk of the American population was involved in the war effort. Compare to the 30's instead.
Because Capitalist criminals (like the ones you praise every minute on your show) dismantled the government for their own personal gain.
Our mission at is to build the social media platform that ends fake news
They should cover 0% of the childcare burden.
YouTubeAndrewYang
Childcare burden?
Same as care for adults, extremely underpaid. Just like my caregiver
What about care for the elderly or mentally handicapped? My generation had to help our parents because their Social Security wasn’t enough.
Supply and demand
show to trump, he can fix everything
CNBC just put on woman beater Keith Ellison, did you see the photos. Isn't it your job to call that behavior out
Lol, your company is owned by the people causing this.
It was cheaper for one of us to QUIT working and stay home with the kids while the other worked full time than it was for BOTH of us to work full time and pay for 2 toddlers in daycare. Outrageous but true.
Some After school activities and sports classes are overpriced.
My child's care was more per month than my mortgage payment.
JFC
Yep. No more kids for me.
they really ought to.
‘I don’t know what my advisor does with my money’ is the first problem.
Agree, and how is increasing taxes, forgiving student loans, providing gov healthcare and implementing the green new deal going to help?
This study is very in accurate I am a stay at home dad my wife works we do not get government assistance and nothing she makes $60,000 a year and we are having no trouble with three kids. Live within your means kids don’t need everything
Watch if you dare!
Expensive, just look at BFAM Bright horizons family solutions a stellar share. A fantasic growth share
this has to be talked about 100%. Thanks for bringing to attention. TheJudge85
Don’t put a price tag on raising a family! Heck, I would have a bigger bank account without having kids BUT I would not have those BIG memories that are priceless...stop this CNBC!
No American can have a budget with what democrooks free everything or green deal would cost
Lots of democrooks cities take in and pay for illegals and nothing runs on free so taxpayers and people in those cities pay for the extra cost
Big cities mainly democrooks districts have raised cost on everything maybe they should lower their taxes and high cost to balance out cost of living
Go to recycle stores for cloths and send him to school with a sack lunch
The issue of childcare in the U.S. has been around since the beginning of U.S. itself. Today, the justice league covers less of the childcare burden than it did in the '40s. Watch the full video here.
That wud a salary of Head Of department in India 🧐
No way that job is worth it.
Pets are better to handle...……..🙄
Who would have thought? A person running a business that has never made a profit married to an art director at a non-profit have a hard time affording to raise their 3 kids in Manhattan. Thankfully they can tap a $10k/month from their savings or they'd really be in trouble.
Move to queens, brooklyn, or even upper manhattan and that problem is now no longer a problem.
So so so expensive
Here’s an option: Don’t have any.
Interesting share!
Let’s start with Manhattan and raising kids? Huh, move to N.J. ?
Unless you’re a US Federal Government freeloader, then you will have ten kids and live very comfortably 😐 🤦🏼♂️ 🤦♀️
AlanEyre1 Any why exactly you have 3 kids then?
dont remind us
It is not that expensive. Live with in your means
Stop breeding
That's why it's just oprah and will always b.c e just oprah
Stuytown for the win.
Let's be honest. Most purchases are for the vanity of the parent(s). The little germ-bag will have more fun with pots and pans, than the latest Baby Einstein type offerings, eh
nice Video
More affordable to have them, build a rocket ship, put them in said rocket ship and fire that little fucker/s into the sun
No kidding. No wonder younger people, millenials, have fewer kids, if any.
How much has the cost of living increased over that same time period?
That's why you need to secure your kids future with investment that will grant them financial freedom, free from taxes and tuition loans. Buy bitcoin and experience good life
My child care cost more per month than our mortgage did. Scary thought.
Uhhhhh...demand has gone up dramatically...and prices followed accordingly.
Why care about parents? Why not let state hire people to make babies and control population of the country? That way state will also take care of children. Child care is about bonding. government should make people to give time to their families instead state worships economy
That's what parents are for.
These people should be paid much more. It is not an easy job, bothers me we treat people who take care of our kids this way.
Comparing Apples 🍎 to Oranges 🍊 Inciting unnecessary aggravation. This isn’t news. This is Regurgitating The Obvious 🎻
Yet the gov. pays $282,875 to care for children that have no soap, toothbrushes, toothpaste, combs, bedding ,beds, blankets ,clean clothes, etc The gov should hire these childcare workers and save $250k A YEAR OF TAX PAYERS MONEY. This would put the trumpcamps out of business
Does anyone realize position pay is relative to who else can do it and what they will charge? Mcd workers in n dakota were making 25 an hour when they had lack of workers due to fracking craze. Another example of us getting dumber every day
They deserve more after all they are taking care of our future.
Abstinence Works
Only true if many women were doing work that men had done before they were drafted in the military.
The government shouldn't 'cover' and individual's childcare.
Yeah right! Another lie!!
The issue of childcare in the U.S. has been around since the beginning of U.S. itself. Today, the justice league covers less of the childcare burden than it did in the '40s. Watch the full video here.
Pro tip: Never have kids and save a fortune, then you can spend all that money on yourself! Yay :)
that's why we don't have money no more for illegals, puts the fund for Americans children 😌
“Struggling to keep up”? Yes, with the Joneses. Good that Ur tax $ are being invested in multi-form welfare for illegals. School taxes U pay subsidize illegal immigrants.
How much of that is from college tuition inflation?
Woman
Bernie will fight for universal child care. resist
Paying for childcare isn’t raising a child, it’s paying someone else to raise a child
Everything involving people is expensive in the US. Forget monkeys everyone is carrying a lawyer and liability insurance on their back.
We can provide soulation from india with less expenses
you think they are expensive what until grandma goes to a store with the grandchildren!! 🙈❤️😂
I have three kids two of my kids went to daycare the second kid was only in daycare for two months then I quit my job And became a stay at home dad my wife was OK with us we were never on government assistance and we raise their kids very well not that expensive
So is in China.
Probably not, of you choose only the necessities.
Its much cheaper to jab a needle in their face and suck out their brains at 38 weeks. If they are still moving and crying...just throw in an acoustic bag till they stop...may take a couple days...Totally legal
Meanwhile many who shouldn’t be still breeding like rabbits.
And how is that a bad thing? YourKidYourProblem
The issue of childcare in the U.S. has been around since the beginning of U.S. itself. Today, the justice league covers less of the childcare burden than it did in the '40s. Watch the full video here.
Yes we know. So once again: Who is going to take care of all of these children?
Thank goodness we won WWII.
Pushing the narrative a bit too hard
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