MarkBarbieri
Semi-retired
- Joined
- Aug 20, 2006
- Messages
- 6,173
What is wrong with people's basic math skills? Last month it was the ridiculous claim that we could have used the $700 billion TARP money to provide hundreds of thousands of dollars to every family instead.
Now I was reading this gossipy trash about the octuplets mother.
How does this get written and published? What study could possibly estimate that it costs "roughly $2.5 million" to raise a child to adulthood? Even if you generously assume that it takes 25 years to raise a child to adulthood, that works out to $100,000 / year. Does it take a rocket scientist to realize that in a country where the median household income is less than $100,000 / year that we couldn't possibly be spending that much money raising children?
Now I was reading this gossipy trash about the octuplets mother.
Sophy said the expense of raising 14 children will likely be prohibitive, citing studies that estimate it costs roughly $2.5 million to raise a child to adulthood. Using that math, raising 14 children would cost roughly $35 million.
How does this get written and published? What study could possibly estimate that it costs "roughly $2.5 million" to raise a child to adulthood? Even if you generously assume that it takes 25 years to raise a child to adulthood, that works out to $100,000 / year. Does it take a rocket scientist to realize that in a country where the median household income is less than $100,000 / year that we couldn't possibly be spending that much money raising children?