Child care is incredibly expensive, idk how anyone who isn't incredibly rich does it. Like 1k a month to get your child watched for 3 half days a week.
Who has a spare 1-2k laying around per month?
Also annoying this article introduced Baumol effect without mentioning what it is and just plugging a their book.
That's a bit unfair. The Baumol effect is well known to most people in the author's audience.
If you had clicked on the link to his book you would have found out that it's available for free: https://www.mercatus.org/students/research/books/why-are-pri...
It seems like the childcare companies recognize that it's either one parent quits their full-time job or pays them.
Quit your full time job and do home childcare!
why is this always presented as a bad thing?
Because people are deathly afraid of poopmachines for some reason.
Because when the person who quits their job becomes in some other way disenfranchised or their partner is unable to work for some reason, there is no safety net, no savings and no established career they can find their way back into. Healthcare is tied to a job. Retirement is tied to a job. Social security is a joke. etc. etc. etc.