The Economic Reason for Having Just One Child


Though Provoking. Give it a thought please and do share your point of view.

Ideas

One recent night, my daughter Dahlia and I popped out for pizza, and while we were chatting over our slices, CBSEvening News came on the television suspended over the counter. We sat transfixed by a segment on a massive number of homeless families that have settled in a makeshift community in the California desert. Dahlia chewed thoughtfully as she watched a father tell the reporter about how he had worn a tie to work until six months ago, when he lost everything and had no choice but to move there with his three kids. Then she shifted her eyes to me and asked, “Mama, that won’t be us because there’s only one of me instead of three?”

She’s on to something. According to the USDA, a child born in 2011 will cost an average of $234,900 to raise to age 18. If your household income is over $100,000, you can…

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