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Metropolitan DC Local Politics
Reply to "D.C. Council passes bill to cap cost of child care"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Say goodbye to decent, safe, professional daycare. This will be a big boon to dangerous, unregulated at-home providers. I predict nannies will getting a LOT more popular [/quote] Really? I think will make people more likely to go with higher end more regulated daycare that they can now afford.[/quote] Uh, NO Because those "higher end" more regulated providers will simply close up shop if their profit margin is artificially limited outside of market forces by this law. But not before reducing their quality of care and staff pay to make up the difference for a few years before finally shutting down. Do you own a business? Ever started a business? I've started several. And the minute somebody told me my potential revenues were going to capped regardless of the market, I'd be selling and getting out. You people have ZERO understanding of economics. None whatsoever. [/quote]
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