What’s gotten into Alan Greenspan? Until recently, hewas in clear agreement with the Democrats about how to deal with thefederal budget surplus: Oppose tax cuts and use the surplus to pay offthe national debt. But on January 25–five days after the inaugurationof George W. Bush–Greenspan abandoned that position and endorsed Bush’smammoth tax cut. The explanation […]
Barbara Bergmann
Barbara R. Bergmann is professor emerita of economics at the University of Maryland and American University. She is the co-author of America's Child Care Problem: The Way Out and the author of The Economic Emergence of Women, which was recently re-released by Palgrave Macmillan.
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Decent Child Care at Decent Wages
I magine yourself a single mom with a one-year-old and a three-year-old and a job with a not-so-hot wage. You go down to your local child care center and are quoted a price of $13,500 per year. That would take half your pay and leave you without money for rent. So you look around for […]