Quote:
Originally Posted by PepsiFree
But again, even if these people don’t all go back to work, you’re giving tens of thousands of people hundreds of dollars per month to plug back into the economy.
More people spending money = more businesses doing well = more businesses hiring.
Trickle up economics?
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I do believe that those who
need subsidized daycare should get it. I don't believe that those who
prefer subsidized daycare should get it.
Where the need and prefer line is drawn, I don't know but I certainly don't believe a household income of $100,000 needs subsidized daycare.
And again, lets not pretend that the savings on daycare are complete savings. This isn't coming from the magical money tree... the government will recover some of this in a more discrete fashion.
Let's also not argue that someone who needs subsidizing of daycare is in a position to take that new savings and pump it into private business to spur economic growth. If someone is about to go pump hundreds of dollars into private business more than they used to over subsidized daycare, I would call that an incredibly flawed system that is not helping those who truly need help.