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Reply to "The $15 per hour nanny"
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[quote=Anonymous]There wouldn't be $15/hour nanny jobs out there if there wasn't a market for it. I understand that this doesn't amount to tons of $$$ each month, but nannies have to recognize this little economic concept called "supply and demand." I pay my nanny much more than $18/hour, but if I had one baby? Sorry - but I would likely be able to find lots of good nanny candidates for $15/hour (as have my friends who have recently employed nannies). This doesn't make us bad people, but why would we pay more than the market dictates? Certainly you wouldn't expect anybody to pay $15k for a car just because you think the individuals employed in the factory should get paid more, when the market has dictated that the price of the car is $10k.[/quote]
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