Joe and Saren discuss the rapid rise of the cost of raising a child in the 21st Century.
First the bad news, the cost of raising a child has risen 40% since the turn of the century.
Segment 1: The Cost of Raising a Kid
CNN Money estimates that the cost of kids has risen 40% in last 10 years. Of the mix, nationally, housing represents about 1/3 of the overall cost. The drivers of the rise is Food and Gas prices however beyond those staples, Health Care rose 56% over that period. To make matters worse for everyone, median household income fell 7%.
A quick way to check the estimate for your region and income is the BabyCenter Cost Calculator.
BabyCenter puts the cost for raising a kid from birth to 17 at $287k for incomes below $60k or $510,000 for incomes above $100k. Both include $105k for private college.
The May 20, 2012 60 Minutes report on the cost of college doesn’t paint a pretty picture of costs beyond the age of 17.
rBGH is the homone in milk.
Waiting for “Superman” is an excellent documentary from the Academy Award-winning Director of An Inconvenient Truth.
Segment 2: Favorite Children’s Books
This was inspired by the passing of Maurice Sendak a couple of weeks ago. His Where the Wild Things Are is a Sakurai family classic and we. Reading is an every night activity. We talked a little bit about it in the Bilingual episode 6.
Goodnight Moon, Wire style.
Detective Kima Greggs ad libs a version to her son on the window sill overlooking Baltimore cityscape. It’s from the episode “Took,” the seventh episode of the fifth season. The episode was written by Richard Price from a story by David Simon & Richard Price and was directed by cast member Dominic West. It aired on February 17, 2008.
Dr. Seuss Books
Go, Dog. Go! by P. D. Eastman.
Julia Donaldson, author of the Gruffalo, the Gruffalo’s Child, and The Snail and the Whale.
Making the Moose Out of Life by Nicholas Oldland.
Segment 3: NBA Conference Finals
The Western Conference Finals matches Oklahoma City vs. San Antonio. Event though Saren doubts his own memory, OKC’s coach is in fact Scott Brooks.
In the East the battle of the big names Boston vs. Miami.