The Democrats’ Childcare Plan Is Disastrous. These Graphs Explain Why.

The House passed its version of the Build Back Better (BBB) legislation a couple of weeks ago. Among other things, the bill sets aside grant money for states that want to set up the system of childcare subsidies laid out in the bill. I’ve discussed this childcare provision, and its problems, extensively already. In this post, I attempt to explain and visualize what these childcare subsidies actually look like in concrete dollar terms.

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No, Workers Aren’t Striking Because of Vaccine Mandates

There’s a meme traveling around conservative media that vaccine mandates are the cause of the ongoing strike wave. Although you certainly can find news stories here and there about someone quitting due to a vaccine mandate or a small-scale labor protest (such as a slowdown or sickout) due to the vaccine mandate, it is clearly not the case that opposition to the vaccine mandate is driving the much bigger labor market developments.
The real driver is labor market tightness.

Quit rates and levels tend to move in lockstep with the level of labor market tightness.

Read original

No, Workers Aren’t Striking Because of Vaccine Mandates

There’s a meme traveling around conservative media that vaccine mandates are the cause of the ongoing strike wave. Although you certainly can find news stories here and there about someone quitting due to a vaccine mandate or a small-scale labor protest (such as a slowdown or sickout) due to the vaccine mandate, it is clearly not the case that opposition to the vaccine mandate is driving the much bigger labor market developments.
The real driver is labor market tightness.

Quit rates and levels tend to move in lockstep with the level of labor market tightness.

Read original

No, Workers Aren’t Striking Because of Vaccine Mandates

There’s a meme traveling around conservative media that vaccine mandates are the cause of the ongoing strike wave. Although you certainly can find news stories here and there about someone quitting due to a vaccine mandate or a small-scale labor protest (such as a slowdown or sickout) due to the vaccine mandate, it is clearly not the case that opposition to the vaccine mandate is driving the much bigger labor market developments.
The real driver is labor market tightness.

Quit rates and levels tend to move in lockstep with the level of labor market tightness.

Read original

Democrats’ Paid Leave Proposal Isn’t Actually Universal. It Can and Should Be.

Paid leave advocates claim that the Democrats’ current paid leave proposal is universal, but it isn’t really. In order to be eligible for benefits, new parents need to have been working in the three to six months prior to birth. This work history requirement will probably exclude around one in three new mothers, including new parents who are still in education, who have a work-limiting disability, or who suffer an unluckily timed spell of unemployment.
When I make this point, some advocates respond by saying I am being ridiculous.

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Democrats’ Paid Leave Proposal Isn’t Actually Universal. It Can and Should Be.

Paid leave advocates claim that the Democrats’ current paid leave proposal is universal, but it isn’t really. In order to be eligible for benefits, new parents need to have been working in the three to six months prior to birth. This work history requirement will probably exclude around one in three new mothers, including new parents who are still in education, who have a work-limiting disability, or who suffer an unluckily timed spell of unemployment.
When I make this point, some advocates respond by saying I am being ridiculous.

Read original

Democrats’ Paid Leave Proposal Isn’t Actually Universal. It Can and Should Be.

Paid leave advocates claim that the Democrats’ current paid leave proposal is universal, but it isn’t really. In order to be eligible for benefits, new parents need to have been working in the three to six months prior to birth. This work history requirement will probably exclude around one in three new mothers, including new parents who are still in education, who have a work-limiting disability, or who suffer an unluckily timed spell of unemployment.
When I make this point, some advocates respond by saying I am being ridiculous.

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Democrats Are About to Massively Spike Childcare Prices for Working-Class Families

Trying to run a childcare system using market prices runs into three main problems.

The wages for childcare providers wind up very low.
The costs for parents wind up very high.
Paying the costs out of pocket requires families to undergo major drops in their standard of living when they have a child and creates asymmetries between identical families with different numbers of children.

For a government, solving these problems is pretty simple.

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Democrats Are About to Massively Spike Childcare Prices for Working-Class Families

Trying to run a childcare system using market prices runs into three main problems.

The wages for childcare providers wind up very low.
The costs for parents wind up very high.
Paying the costs out of pocket requires families to undergo major drops in their standard of living when they have a child and creates asymmetries between identical families with different numbers of children.

For a government, solving these problems is pretty simple.

Read original

Democrats Are About to Massively Spike Childcare Prices for Working-Class Families

Trying to run a childcare system using market prices runs into three main problems.

The wages for childcare providers wind up very low.
The costs for parents wind up very high.
Paying the costs out of pocket requires families to undergo major drops in their standard of living when they have a child and creates asymmetries between identical families with different numbers of children.

For a government, solving these problems is pretty simple.

Read original