This is a chart showing you consumer spending on day care and nursery schools as a percent of our total spending. It doesn't even hit 1% of total spending in the economy (as not everybody is having children and there are other items people buy aside from day care), but the percent increase is just phenomenal.
Keep having kids, but refuse to bring them up! I'm sure there are no consequences!
As the Patron Saint Frick wrote in his 17th letter to the Corinthians
"Enjoy the decline!"
2 comments:
Where did you find this chart? I would like to cite it in a paper but I cannot do that if i do not have the original data. Thank you!
Ah, sorry, NIPA accounts at the BEA.
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