If child care is so expensive, why are child care workers paid so little?

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 14 July 2022

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amy Scott fills in for Kai today to answer listener questions with Kimberly. One listener has a followup question on a Marketplace story from last week about how little child care workers get paid. He wondered, then why is child care so expensive? Where does the money go? We’ll dig into the costs. We’ll also answer your questions about money in politics and what’s behind the baby formula shortage. Then, our hosts give a listener some drink recommendations.

Here’s everything we talked about today:

“Everything you need to know about Citizens United on its 10th anniversary” from the Center for Responsive Politics
“As baby formula plant reopens, can the U.S. diversify the marketplace?” from Marketplace
“Second time’s a charm? Baby formula plant at center of shortages quietly reopened July 1” from Politico
“As child care costs soar, providers are barely getting by. Is there any fix?” from NPR
Report: The Economics of Child Care Supply in the United States from the Treasury Department

If you’ve got a question about money and politics, let us know. Email us at [email protected]. Or leave us a voice message at (508) 827-6278 or (508) U-B-SMART.

Transcript

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0:00.0	How much longer are you caretaking? Oh, hey, sorry
0:06.4	Hey, I'm Kimberly Adams. Welcome back to make me smart where we make today make sense
0:11.8	And I made me Scott in today for Kai Rizdal. Thanks for joining us for what do you want to know Wednesday?
0:17.8	Which means it's time to answer some of the questions that you are dear listeners send us and
0:23.2	If you have a question about the economy business technology emails that make me smart at marketplace.org
0:31.0	Or leave us a voicemail our number is 508 you be smart
0:36.6	All right, let's go to the first question of the day shall we?
0:40.6	Hello there make me smart team. This is Mark calling from Northern Idaho
0:45.2	I would like you to make me smart on
0:48.2	money in politics as in
0:51.0	money equal speech. I believe that there were supreme court rulings that basically codify
0:58.6	money is speech in
1:00.6	light of
1:01.8	Justice Thomas's opinion about
1:05.4	revisiting various precedents
1:08.4	Would this be a good one for us to revisit?
1:12.3	Thanks for making me smart
1:14.6	That's interesting
1:16.3	So just a little bit of context there what he's referring to with justice Clarence Thomas's opinion in the Dobbs decision that overturned Roe versus Wade in his
1:26.4	concurring opinion where he agreed with the ruling but had different reasons
1:30.3	He said that he thinks there are lots of established precedent cases that the supreme court should revisit and
1:38.2	He listed a few which freaked people out and
	...

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