In 10 days, the U.S. will fall off a “child care cliff” — that’s the day pandemic-era funding for the industry runs out.
Why it matters: The funding amounted to a $24 billion Band-aid patched over an industry that’s long struggled. When the bandage comes off, the state of child care in the U.S. is likely to be even worse than it was before 2020.
This isn’t even a new problem. I used to work in an office with a lot of women back in 2006. One decided to have a kid and after she and her husband did the math, it was more economical for her to quit to take care of the child than for her to keep working. Other women had to have family members provide childcare so they could get by because without their salary they’d be screwed or they were single mothers.