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SpoilerIt's not an article. It's a podcast episode. If it was ~15m - I might listen to it or I might read the transcript. But there's no way I'm listening to Ezra Klein interviewing his wife for 90 minutes.

Opinion | The Economic Theory That Explains Why Americans Are So Mad - The New York Times

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[-] FuckyWucky@hexbear.net 26 points 5 months ago* (last edited 5 months ago)

here is the transcript: https://pastebin.com/dPp0npwM

tldr: there is an affordability crisis, ik, mind-blowing.

And so we just, as a country, don’t spend enough on this. U.S. devotes about 0.3 percent of G.D.P. to early childhood education, that’s less than other O.E.C.D. countries. Another way to think about this is that we have about a 20 to 1 ratio of children under the age of four to child care workers who are aimed at that set. Canada, for instance, it’s 6 to 1. So the issue is that we are not spending enough public money on this to make it affordable, and folks are just paying absolutely obscene amounts.

atleast she uses 'public money' instead of 'taxpayer money'. its not the worst, NYT had worse 'economists' on.

[-] emizeko@hexbear.net 14 points 5 months ago* (last edited 5 months ago)

turns out we can't change it because the parliamentarian hates kids, or something shrug-outta-hecks

[-] FuckyWucky@hexbear.net 9 points 5 months ago* (last edited 5 months ago)

yea they dont much in the way of a solution because they are stuck in the liberal mindset. and whatever 'solutions' they present are super lame.

You can do more negotiating on prescription drug prices, which they’ve done. You can do some stuff on antitrust to make companies compete more and to lead to lower prices.

this post was submitted on 10 Jun 2024
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