Pssssssst. Pass it on. They did a study on $10 a day subsidized daycare long term in
Quebec and it pays for itself. It was on the news last night. I'll look for a link. Wanted to pass it on before I forget.
Later:
https://www.bloomberg.com/news/articles/2018-12-31/affordable-daycare-and-working-moms-the-quebec-model
"SNIP......
The Global Legacy of Quebec’s Subsidized Child Daycare
With more than two decades behind it, the Quebec program that spawned an affordable child care model has some lessons for the rest of the world.
Molly McCluskey at Bloomberg
December 31, 2018, 4:08 PM EST
Since Quebec established subsidized daycare, it's seen a spike in working moms. Mathieu Belanger/Reuters
Every morning before work, Damir Lolic leaves his home in Zagreb, Croatia, with his three-year-old daughter, Dora, walks a few hundred meters down the street, and delivers her to a nearby daycare center. Like many of the children in Croatia, Lolic’s daughter attends a government-subsidized care center, part of a suite of policies designed to ease the burden on working families. The program means that Lolic and his partner don’t have to make the choice between working or staying home to care for Dora, and both have been able to continue to pursue their careers. Such subsidized child-care programs are in effect in many parts of the world, including Japan, Sweden, Denmark, Norway, and Australia. And many of them owe their inspiration to a similar program that began more than twenty years ago, in Quebec, Canada.
.....
But in Quebec, the increase in working mothers has achieved one important outcome: revenue to pay for its government child care program. In a common refrain heard about subsidized child care programs the world over, critics of Quebec’s program often claim the costs of the program don’t justify the expenses, and that the government could allocate the resources needed for these programs elsewhere. In Quebec, those concerns are unfounded, according to Fortin’s research.
Early estimates anticipated the program would generate 40 percent of its costs via increased income taxes from working parents. Instead, it generated income taxes to cover more than 100 percent of the cost. “In other words, it costs zero, or the cost is negative,” Fortin said. “The governments are making money out of the program.”
“The program is paying for itself,” Fortin said. “The increase in the number of young women in Quebec’s labor force has generated such a return in terms of taxation, taxes back into economies in social benefits, and fewer families depending on social benefits, which in turn increases government savings.”
.....SNIP"
= new reply since forum marked as read
