While that is a gross oversimplification, it would do wonders to increase the quality of life for families who elect to have one earner only, with the other (gender regardless) providing more time and resources towards child development.
While that is a gross oversimplification, it would do wonders to increase the quality of life for families who elect to have one earner only, with the other (gender regardless) providing more time and resources towards child development.
You're right that there's a level of income at which one parent staying home is just not a plausible choice. But it's a lot lower than I'd expected -- I've met some homeschooling families that are doing extremely well by their children at a substantially lower income level than I'd thought feasible. I think the issue here in most cases is less a problem of economics than of cultural values. (Before anyone reads anything pernicious into that, all I mean is that I think American culture overvalues possessions and professional accomplishments and undervalues family in specific and relationships in general.)
The days of the American nuclear family with the dad having a career and the mom becoming a world class housewife are pretty much over.
And considering that low income / low skill jobs are more available to men and that low income jobs will not be able to fund childcare that pushes lower class families to become single earner families even more.
Combine all those factors and many more and you get to a point where income inequality actually forces people to become stay at home mom/dad's while the more financially stable classes can afford to continue with their careers.
It's closer to $96-100K/year actually. In a lot of cases, its economically rational for one spouse to stay home and take care of the house when that much value is provided versus a traditional job.
http://www.washingtonpost.com/pb/blogs/on-parenting/post/a-h...
http://www.slate.com/blogs/xx_factor/2012/02/06/mint_estimat...
If a stay at home mom is worth 100k then a full time housekeeper/nanny should earn 100k? The highest figures I've seen in NYC with an educated nanny/housekeepr/superperson (nursing, child development really wierd stuff) is on average 700 a week for a 10.5 hours work day and that's in very very upscale areas while usually taking care of 2-3 children. So yeah they'll be earning about 50K a year while taking care of the 1% of the 1%, while in Austin or Chicago for example that figures drops to 23-24000 for the same service.
Sorry but a click bait blog http://blog.mint.com/ for a budge management application https://www.mint.com/ isn't really a reliable source in my books, if those numbers were even close to being a reality on average or under any case you would see pretty much every other family in the states where the dad is a stay at home dad and the mom goes to become a super(rich)nany or vise versa...