Sunday, December 19, 2004

The Economist helps with the problem of raising children of the wealthy | The servant problem

Upper middle class americans have trouble finding child care at a price they want to pay. Fundamentally the problem is that legal outsourced high quality individual child care costs a substantial fraction of the after-tax income of an upper middle-class working parent.

The Economist suggests the one logical solution.
In the age of the global economy, the solution to the servant problem is simple: rather than importing the nanny, offshore the children.
Of course if one doesn't like that answer, one can do the work oneself. It's not easy work though ...

Aside from the social commentary, there's yet another aspect to this satire. Birth rates are far higher offshore than they are in wealthy nations. So, in a peculiar sense, wealthy nations have offshored more than raising children ...

No comments: