Stephen Kinsella: Rich rewards in store for society if the State foots childcare bills
Imagine this. In Ireland, in 2013, a woman has a baby. She would like to return to work but can't, because childcare costs are exorbitantly high. A survey last year found a creche place for one child in Ireland now costs more than an average home repayment.
Another way of putting that fact: childcare costs are more than half of the family net income in Ireland.
More babies were born last year in Ireland than any time since the 1890s. There are more than one million children in Ireland younger than 18 years, more than one-quarter of the population.