Instapundit.com Instapundit.com
Warning: include(/home/www/instapundit-archive/navbar.php): failed to open stream: No such file or directory in /home/joyent-copy/home/www/instapundit-archive/archives2/003030.php on line 134 Warning: include(): Failed opening '/home/www/instapundit-archive/navbar.php' for inclusion (include_path='.:/usr/share/pear:/usr/share/php') in /home/joyent-copy/home/www/instapundit-archive/archives2/003030.php on line 134
Warning: include(/home/www/instapundit-archive/ad.php): failed to open stream: No such file or directory in /home/joyent-copy/home/www/instapundit-archive/archives2/003030.php on line 152 Warning: include(): Failed opening '/home/www/instapundit-archive/ad.php' for inclusion (include_path='.:/usr/share/pear:/usr/share/php') in /home/joyent-copy/home/www/instapundit-archive/archives2/003030.php on line 152

March 03, 2007

THE HIGH COST OF RAISING A KID:

Government figures put the total cost of raising a child at $279,000, but some increasingly common expenses can send the number soaring over $1 million.

Is it any wonder that birthrates are low? And this feeds on itself -- when people have fewer kids, they spend more, which encourages more spending and makes it more expensive to have kids, encouraging people to have fewer, on which they spend more . . . .

Add to this the increased social costs in terms of higher parenting standards -- which are mostly a matter of parental competitiveness and guilt, rather than the kids' actual needs -- and we're in an unfortunate spiral. More on that topic here.

Warning: include(/home/www/instapundit-archive/traffic.php): failed to open stream: No such file or directory in /home/joyent-copy/home/www/instapundit-archive/archives2/003030.php on line 198 Warning: include(): Failed opening '/home/www/instapundit-archive/traffic.php' for inclusion (include_path='.:/usr/share/pear:/usr/share/php') in /home/joyent-copy/home/www/instapundit-archive/archives2/003030.php on line 198