And why such a childcare shortage? The government, of course. In a time of extreme demand, shortage, and rapidly rising rates, the availability of childcare is still decreasing. I asked about this, and our local center has to report to & be inspected by three separate government agencies. Their compliance costs are enormous. They're as much a paperwork collection, processing, and reporting center as they are a childcare center. With the advent of nanny cams, I can watch my child any time I choose, and record the action whenever I wish. Makes me wonder if the regulation needs to be quite so heavy in the modern age.
On a separate but related note: the impact of low birthrates and long life expediencies is unavoidable. Either:
1) People need to work longer, or
2) Retired people need to have a lesser lifestyle (so that the working population can live approximately the same lifestyle that current retirees had while they were working), or
3) Working people need to have a lesser lifestyle compared to past generations (to free up resources for retirees)
It seems that we are slow-walking towards 3), which is a problem because it'll to some extent push the working population into a death spiral. They have less, so they work more, so they have less children, and the problem worsens. Repeat.