I read the sentence "child care has become a market-based system captured, to an increasing degree, by private-equity firms, which now own eight of the 11 largest chains" and -- knowing how private equity firms operate -- the hair on the back of my neck stood up.
So at the end of the day, private equity goes to every industry, does the same. Do we have anything left at the end? There comes a day when the majority of them are just shell games.
Had to quit a job to raise kids. Ended up watching others to help girls out for this very reason.
Pro life my ass. It’s pro birth and fuck you after you’re born. Get a job little kid. The government can’t help you. Grow up.
This country should be ashamed how it’s acting lately.
we need laws in both Canada and the US regarding what private equity firms can and cannot own, because it seems to be the root of some of the WORST breakdowns & exacerbated systemic issues everyone is facing.
Yet it seems unlikely for such laws to ever become a reality...
they are going to offer discounted child care if you allow your children to be test subjects for various medical and marketing ventures and maybe train their AI software as a bonus.
It is hard for me to say how many women closely follow the nitty gritty on the policy issues, but Biden allowing Manchin to cut childcare from BBB and not fighting for it at all (and he did fight Manchin on a lot of other things) was an almost unrecoverable blow to me.
I don't understand how it's legal for private equity to buy literally everything since all they do is destroy everything they buy but I'm sure it has to do with how much money they can make shareholders or whatever
Private equity is just there to extract value before discarding the business. Gosh if we had socialized childcare we wouldn’t have to worry that half the daycares could just shutter overnight. Sigh
most families who send their children to daycare receive state or federal subsidy to do so— most chains have an entire network of full-time subsidy specialists to help parents file for it. private ownership of childcare is giving PE tax money with extra steps.