Except that raising children requires more time and resources than caring for elderly.
Source on this? Doesn’t sound right at all. According to my findings after a quick search, LTC (long-term care) takes a significantly higher fraction of OECD countries GDP than e.g. childcare+early education.
Source on this? Doesn’t sound right at all. According to my findings after a quick search, LTC (long-term care) takes a significantly higher fraction of OECD countries GDP than e.g. childcare+early education.
https://www.oecd.org/els/soc/PF3_1_Public_spending_on_childcare_and_early_education.pdf
https://www.oecd-ilibrary.org/sites/cb584fa2-en/index.html?itemId=/content/component/cb584fa2-en
I’ll dig up more sources but you compared public spending on childcare (which is minimal in the US) to private long term care costs.
The average cost to raise a child to age 18 is $310,000.
https://www.investopedia.com/how-much-to-save-for-college-4782579
How many days of intensive care is that? The resources we spend trying to keep dying elderly people around just a little bit longer are insane.
End of life care averages $80,000
https://www.thelancet.com/journals/lanam/article/PIIS2667-193X(22)00176-4/fulltext