Sheryl Sandberg wrote a heartfelt mother’s day post on Facebook, detailing the things she would like to see to help mothers in the workforce. As a single mother, Sandberg certainly understands some the challenges working mothers face. But, what she doesn’t understand is basic economics.
To start, it’s long past time to raise the federal minimum wage. Two-thirds of minimum wage workers are women. Raising the wage would reduce pay inequality and help millions of families living in or near poverty.
It sounds good but raising the federal minimum wage means you raise the cost of everything. Which strongly impacts the additional point she makes (2 paragraphs down):
And we need affordable child care. Child care for two children exceeds the median annual rent in all 50 states. How are parents supposed to work if they don’t have a safe and affordable place to leave their kids?
Indeed. Child care is a huge problem for working moms and dads. It’s terribly expensive. Do you know what will make it more expensive? Raising the minimum wage.
To keep reading, click here: What Sheryl Sandberg Doesn’t Understand about Minimum Wage and Childcare