China offers parents $1,500 in bid to boost births
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That doesn't even cover a month of childcare
In US I assume. How much does childcare cost in China?
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1500$ is like diaper budget for a month
What are you feeding that thing?!?
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I get your shock and confusion. The first time I thought, I was also shocked and confused.
Keep telling us how our existence hurts you. Keep telling us how we are winning.
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Make it per month and until the kid is 18 years old, not 3 years, and many will jump at the opportunity. And that would be a lot closer to the real cost of raising a child. The red pill crowd even seems to assume women would see that as a whole career. Oh, the government can't afford that? Then I guess having many children is not economically viable and population shrinking is the only way to go.
Germany does about half of that (255€ per month and child until 25 or until the child finishes their education) and still birth rates are in the gutter
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In US I assume. How much does childcare cost in China?
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wrote last edited by [email protected]
This article talks about cost "relative to its GDP per capita." In the proposal they give flat sum of money. So we are comparing Apple to oranges. Not saying you're wrong, but I still would like to know how much is daycare per month in China. I know in us I pay 2k per month. I doubt it's the same there.
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Germany does about half of that (255€ per month and child until 25 or until the child finishes their education) and still birth rates are in the gutter
The cost of living is much higher in Germany and even "half of" enough would still be considerably less than enough.
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This article talks about cost "relative to its GDP per capita." In the proposal they give flat sum of money. So we are comparing Apple to oranges. Not saying you're wrong, but I still would like to know how much is daycare per month in China. I know in us I pay 2k per month. I doubt it's the same there.
wrote last edited by [email protected]Women generally see a reduction of 2,106 working hours when looking after children aged 0-4 and face an estimated wage loss of 63,000 yuan ($8,700) in the period, the report said, using an hourly wage gauge of 30 yuan per hour.
Having a child will also lead to a 12-17% drop in women's wages, the report said.Leisure time will be reduced by 12.6 hours for mothers with one child aged 0-6 and 14 hours for two children.T -
The cost of living is much higher in Germany and even "half of" enough would still be considerably less than enough.
Yes, it's about two- to three times as high. I realized I messed up in my original comment, tho:
255€ a month, vs 500ish$ a year. That's several times more (and still not enough), and it lasts until the child is grown up, not just three years. This will not have an impact on China's population crisis
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Women generally see a reduction of 2,106 working hours when looking after children aged 0-4 and face an estimated wage loss of 63,000 yuan ($8,700) in the period, the report said, using an hourly wage gauge of 30 yuan per hour.
Having a child will also lead to a 12-17% drop in women's wages, the report said.Leisure time will be reduced by 12.6 hours for mothers with one child aged 0-6 and 14 hours for two children.TSo they get compensated about quarter of their yearly expenses with this btw bill. If they had an equivalent of this in us I'd get about 6k yearly from gvmt for each child. Not too shabby in my book.
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Parents in China are being offered 3,600 yuan (£375; $500) a year for each of their children under the age of three in the government's first nationwide subsidy aimed at boosting birth rates.
The country's birth rate has been falling, even after the ruling Communist Party abolished its controversial one-child policy almost a decade ago.
Ooo you could buy maybe MAYBE buy a months worth of baby supplies on that. Cool. Yeah. That'll fix everything wrong with everything.
