And yet the staff are paid as close to minimum wage as possible.
Seriously, where is the money going?
Administrative costs but I imagine insurance and health care costs for those employees. Lack of affordable/open medical care costs are passed on to the customers.
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This is why the Republicans were so against the goverment-payer option for Obamacare. Not “because socialism,” but because about 30 percent of the cost of healthcare in the US is actually the result of the middlemen, i.e. the private insurance companies in control of the entire system and their bureaucratic clusterfucks specifically designed to extract as much money as possible from both the patient and provider. A single payer or government option would reduce or eliminate that.
30 percent.
The entire private insurance industry at this point is just a make-work operation to increase the cost and complexity of health care for the sole purpose of benefiting… the private insurance industry.
Probably also rent for the space in most places, whether they are a home-based business with high mortgage costs, renting space from a corporate landlord, or otherwise exposed to market-rate real estate/rents. If the cost of real estate is high, it impacts the entire economy.
I don’t know how it works in the US but isn’t it normal that child care cost are higher than rent or mortgage? Unless you count as child care older kids (like above 3), you can’t expect a single worker to take care of more than 3 babies, and rent should be around 1/3 of income. So typical cost of daycare for 1 kif should be about typical cost of housing for 1 worker, no? For reference here in France, my mortgage is about 1300€/month and daycare (full time, private) for one child is 1400€/month, (of which about 700€ is paid by the state).
700 paid by state is nice. My kid goes to a non profit day care in the US. Normally they charge $50 / day. I have family that work there and the one benefit they get is costs $10 / day instead. Other people I know pay $100/day at their daycare in bigger cities.
700 paid by the state
There’s your problem in thinking. The government in the US gives you NOTHING to help raise a family. Some in a tax refund but if you’re broke today you can’t plan for money to feed you tomorrow.
Capitalism rules every aspect of your life if you make under 250,000 dollars.
