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America has a daycare provider meltdown looming and it’s a huge, nuclear “China syndrome” grade one. The entire industry has been propped up by $24 billion in government aid related to the COVID-19 emergency. It’s all about to evaporate at the end of September.
A daycare disaster looms
Panicked officials are horrified to extrapolate that “over 70,000 daycare providers across the U.S. are in danger of closing.” It’s not like they didn’t have warning. Everyone knew all the money flowing in was only temporary.
Nobody did a single thing to prepare for the day that the COVID “emergency” would be lifted. Suddenly, their lack of planning has become a crisis.
Daycare services are a lot more crucial than most people imagine. Nobody in Joe Biden’s gaggle of handlers wants to claim responsibility for “leaving some 3.2 million children without care and putting thousands of American women out of work.” That’s the dire prediction of The Century Foundation.
The lack of affordable and accessible child care is “a stunning oversight in our economy and by policymakers. It is a huge drag on our economy.”
We agree with @SecRaimondo: our economy suffers when parents can't work because they can't afford child care. https://t.co/u3nDDpP5mb
— The Century Foundation (@TCFdotorg) September 6, 2023
The “think tank centered around public policies and social issues” came to the realization that “on September 30, when pandemic-era government aid for child care providers comes to a halt, tens of thousands of children per state will lose access to child care.”
Texas is set to get hit especially hard. There, “nearly 306,000 kids are set to lose their spot at daycare when nearly 4,000 facilities close.” In New York, “252,000 tots won’t have access to care when nearly 6,000 daycares shutter.” Both states are also struggling with an overwhelming number of invading migrants.
“Losses in New York alone could attribute to parents in the Empire State losing out on $846 million in earnings, a $1 billion loss in employer productivity and $51.9 million less in state income tax.”
Back to the stone age
As the calendar flips over to October, the daycare industry will collapse back to a primitive stone age era where women were forced to care for their own offspring, all by themselves, all day, every day.
“The closures also mean the strides U.S. women have made in the labor force in recent months could stall or come to a halt altogether, as about 232,000 daycare workers — including more than 19,000 in New York — are expected to lose their jobs in the coming weeks.”
That’s bad news for “women aged 25 to 54.” Last month, that group “reached an all-time high” representation in the workforce, “with more women in this age range on payroll than ever before.”
Daycare Dilemma. At the end of Sep, around $24bn in gov aid for childcare runs out. The Century Foundation estimates that 3.2mm kids could lose their care, and it would have a greater impact on working women. Post pandemic, women have been on a roll. But that can’t happen if… pic.twitter.com/a8GPSHqvRF
— Longbow (@myLongbow) September 6, 2023
Despite the added family income, working women simply can’t pay their children’s daycare workers honest wages on their own. That takes government subsidy. With conservatives in Congress howling about current spending levels, they aren’t going to shake loose money to subsidize babysitters.
“To stay afloat, these child-care facilities reportedly collected $24 billion in funding handed out as part of the American Rescue Plan to give wage increases or bonuses that prevented staffers from quitting, and to offset rising operation costs (Bidenflation).” Parents taking responsibility for daycare costs is entirely out of the question.
“As child care programs are forced to raise prices to retain staff, parents will either have to pay even more for child care, cut back hours at work or be forced to leave their jobs entirely. We know the responsibilities will mostly fall on women, and will not only hurt their lifetime earnings and retirement security but also their families’ bottom lines.“
