The United States has expensive costs associated with having a child due to lack of federal paid parental leave and high childcare expenses. Other countries offer parents generous benefits to encourage childbirth. Mary Childs explores parental benefits in Sweden, Singapore, South Korea, Estonia, and Canada to find the best deal.
Key Points
United States lacks federal paid parental leave and affordable childcare
Other countries incentivize childbirth with generous benefits
Population demographics play a crucial role in economic sustainability
Pros
Exploration of parental benefits in various countries
Highlighting the economic challenges of having children in the United States
Raises awareness about population demographics and the importance of fertility rates
Cons
Limited focus on other potential factors influencing fertility rates
May not cover all countries with varying parental benefits