The Federal fiscal year runs September to September. We are currently on a 1 TRILLION Dollar ANNUAL run rate for interest on all of the Federal debt we have issued and outstanding. For comparison this is the same, or actually a bit more than was recently budgeted amount to fund our whole defense department! We will be paying more to finance all of our borrowings than to outfit and care for every member of the arm forces, to maintain every tank, ship and plane, to maintain every armed services base domestically and abroad, and not for nothing to aid and supply our allies world wide.
It seems to me, if we can commit that level of funding and organizational support to those endeavors, national child-care should be a walk in the park. We’ve commented on it before, here,
https://lnkd.in/e7CHmsnE
and here.
https://lnkd.in/eyssejmX
The problem is getting worse with no wide ranging viable options in sight.
We need to acknowledge what the pandemic shutdown made clear to every employer in the country, and what every school aged parent already knew, the US grade school and middle school systems are a de facto national child care entity allowing working parents to, you know, actually work, acquire spendable income and generate income tax revenue for states and federal governments.
"Child Care is Infrastructure" Biden Harris White House plans here
https://lnkd.in/en4Ehkhz
This “oversight” that exists for kids from ~8am-3pm needs to be expanded to ~7am-~5pm and expanded to ages ~6 months to ~12-14 years of age.
The benefits of access to quality, very affordable childcare for parents who choose to work will have likely have much higher economic and societal benefits than building the next Ford Class aircraft carrier or borrowing hundreds of billions to fund profligate spending.
The country is currently awash in underutilized or empty corporate and retail structures than can be easily converted to day care facilities. As traditional youth employers like fast food etc. go digital and self-serve, more people will be available for this kind of work. Imagine generations of young people who get a real world taste of responsibility, oversight and parenting before they actually become parents! Clearly the Federal government has no qualms about borrowing eyewatering amounts for “needed” items. It is hard to argue anything is more needed nor a better investment than in our kids and their futures, full stop!
#childcare #minimumwage #workfamily #savingforretirement #livelihoods #liveablecities #business #childhooddevelopment #moms #economy #labormarket #jobs #workingparents #workingmoms #daycare