A letter to the editor in the New York Times:
Wealth Gap for Families
May 31, 2018
To the Editor:
NYT headline writers are just trolling us now.
(Sunday Review, May 20): Christina Gibson-Davis and Christine Percheski’s essay about the decline of wealth in families with children should be alarming to anyone concerned with the well-being of future generations.
Although they mentioned several variables that have an effect on the wealth of such families (mortgage debt and education debt), there is one they did not explore.
The cost of child care has been rising, eating away at any raises in wages parents might receive. According to Taryn Morrissey of American University, the average cost of child care nationally exceeds $8,600 a year. …
Moreover, workers who provide such care, often parents themselves, are frequently underpaid and unable to accumulate wealth.
AMY LAIKEN, CHICAGO
The solution is clearly to let in lots more impoverished parent immigrants to take care of the children of people already here. And since splitting up families is the worst thing ever, the child care workers’ children must be brought in to. And so even poorer immigrant parents must be admitted to look after the children of the poor immigrant child care providers, and so on and so forth ad infinitum.