Childcare in California is hard to come by. Nearly 60% of families do not have adequate access to childcare. Those that do must pay a high price. Childcare centers average $17,000 a year per infant in the Golden State. That’s about 25% of earnings in a $70,000 a year household. The supply of childcare providers is declining. Since 2014, over 57,000 childcare providers have shuttered in California. Excessive regulations increase overhead expenses for providers, making it harder to get off the ground and stay afloat. The solution? Deregulate childcare services.
California’s poverty is dramatically more stark than in other states. Delivering on an inclusive economic recovery from pandemic means addressing several underlying policy problems. Michael Tanner comments ahead of his conference in April.
Low interest rates and low inflation can lull us into thinking that government debt isn’t a problem. But it is.
The Founders could not have possibly imagined the Commerce Clause covering an eviction moratorium.