Monday, March 12, 2012

Some Quick Cappy Cap Math

Did some quick math here because I read something and I couldn't believe it. How often do you find the average cost of day care on an AR 15 forum? But apparently the numbers are not false. It's true. Over $11,000 per year, per child in day care costs.

Now, permit the ole Captain a bit of Back of Napkin Economics:

2.2 children per woman on average translates into $25,665 in annual child care expenses.

Median income of the average US female. $46,367.

Net of taxes (because I know how you ladies like all those splendifferiffic social programs because you care for the children), which would be in the 25% tax bracket. $34,775.

We subtract the $25,665 from the $34,775 and you get $9,110.

Divide by 2,000 working hours and that's $4.56/per hour! (And at that rate you'll be able to pay off your $100,000 in student loans for your Masters in Communications in a short 11 years!)

Now I know there are child care credits and insurance and so forth and so on. Just as child care isn't the only form of outsourcing we pay for other people to raise our children (pre-school, afterschool activities, before-school activities, etc. etc.)

But it really behooves the question "Is it worth paying somebody else to raise your kids?" Even throwing in the male median income ($47k and change), men are merely netting $10.73 after child care expenses.

But, again, I am that evil capitalist that asks stupid questions and likes to use "facts"

and "statistics"

and doesn't understand that emotions trump reality,

and has this stupid notion that one parent should stay home to raise the little kinder and take care of the house while the other goes and works

and likes to point out a plurality of women are simply working in fields where they take care of other people's children behooving the question why not just take of your own damn kids.

And far be it from me to ask whether the time lost bringing up your children is worth the opportunity cost of $4.56 or $10.73/hr. I'm sure the career is rewarding and your family is just as stable as that blasted and accursed "June and Ward Cleaver" NUCLEAR FAMILY (booooo!!!! hisssss!!!!). Yes, let us not factor in the costs of therapists, drama, mental health costs, teenage pregnancies, booze/drug rehab, divorce and all the other wonderful societal traits associated with the latch key kids. No, those things are merely conspiracies foisted upon society by the evil patriarch and do not exist.

So ignore the Captain in the corner, for he know not what he speaks of. What does he know. He just wants to bang his drums all day and enjoy the decline!

Update!

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