TheBigShort
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Would someone like to analyse this in financial terms?
I was just going to say, I'll have to give my kids away cause I can't afford them!I'd also like to call BS on those stats that it costs 12k a year per child from 0 to 21. Way over the top in my experience
Just on the couple with 14 rounds of IVF - they must have seriously deep pockets and be very mentally strong to keep it up
However, I would not like to see the state fund that level of IVF for anyone. Personally, I think anything beyond 3 cycles is excessive
I found the report that says it's 105k as well. Clearly there is something amiss with both numbers !!!
One thing I can say with fact is that for both of my daughters the childcare bill was/will be 45,000 euro each before they started primary school. That is ~48 months at 1015 each less 3600 roughly ECCE contribution. We will start both after the age of 5.
I will also have to continue paying childcare until they leave primary school, working out around another 10k a year between them for 9 years. We don't have any family members in Dublin and that covers a 3 day week only since July, and includes longer hours during the school holidays. We pay a childminder to come to the house on a fair wage, all put through the books.
So I calculate my childcare bill alone until the start of secondary school to be 180k divided 2 so 90k each.
I think the 250k is closer to my costs than the 105k. Others may have cheaper options available to them for childcare to bring costs down.
In the end, if Irish people stop having children (admittedly a long way off), or enough children to replace the population, then everything you own, your house, your car, your pension, your investment property etc, will very quickly become worthless.
Having children may be expensive for parents, but for the economy as a whole, they are priceless.
Are you really suggesting that IVF can and will solve the problem of population replacement?The single most important point in this and any other debate on the future of the economy.
Are you really suggesting that IVF can and will solve the problem of population replacement?
Are you really suggesting that IVF can and will solve the problem of population replacement?
Okay, but let's not falsely associate one as a solution for the other, thereby using such as issue as a justification for the State funding IVF.No. I am agreeing with The Big Short, for a change, that the problem of population replacement is fundamental to our future economic well being.
Apparently it would be discriminatory to stop someone who has 2,3,4+ kids from applying for this if they had the need and wanted more kids. No cap could be put on it.
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