Little Master was a bit slow
ODI no. 3263

Hypergamy + Economics

EconLog via Instapundit:

Lots of interesting discussion in the comments, including this: “I’m a stay-at-home mom with three small kids. My husband’s income is quite good, but not amazing (especially since we live in an expensive state and have three children.) My MTR is about 45%. Between that and day care I would have to make about $70,000 a year before I would take home $1. Not worth it. So I’m home with the kids. BTW, I’ve had this conversation with many many SAHMs around here and almost all of them are home because of this. Now it turns out I like being home and probably wouldn’t go back anyway now, but that’s not true of many people I’ve talked to. Ironically, with the rise of assortative mating, its often the highly educated, accomplished women who marry men with high enough incomes to put them in this predicament, so we’re probably selecting for the drop out of some of our most productive workers.”

Women who are interested in having a family will definitely face this situation. Often, the logical and economical choice is for the mother to stay at home. The extra, net income could be negative if the wife works while the child or children are in daycare.

This is the type of conversation forward-thinking men have with women when they are on a date. Do you understand the perverse effects of such a tax system? Are you willing to stay at home and raise the children while I bring home the bacon? Unfortunately, the cancer of feminism results in women calling such men SEXISSS!


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