Quote:
Originally Posted by Angua
Fact is, government need as many taxpayers as possible, by improving child care this increases the number of tax payers, both by freeing someone up to work and creating jobs in childcare.
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If the jobs created are almost entirely reliant upon public subsidy, which many low paid jobs are already subsidised through tax credits, I’m sceptical better use of public money couldn’t be used on infrastructure projects or public services other than babysitting.
I suspect it’s better for share prices than living standards in the long run.
I accept though there’s a lot of complex dynamics at play - neither option is a zero sum game.