> If child care is so expensive, wouldn't the income loss of one parent staying at home be irrelevant
Well, no. You might still come out ahead even if childcare consumes 60% of the lower earners' after tax income.
Also, the big issue is what to do once the kids don't need such heavy parental attention. Sucks to have lost all your work skills. Also can lead to problematic power dynamics in the relationship.
There is much more to life than a corporate career. I would love to be the stay at home dad with zero corporate skills myself. Again this perspective is due to our own weird societal perspective.
Well, no. You might still come out ahead even if childcare consumes 60% of the lower earners' after tax income.
Also, the big issue is what to do once the kids don't need such heavy parental attention. Sucks to have lost all your work skills. Also can lead to problematic power dynamics in the relationship.