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...more families today are raising only one child - it's actually not much greater than the U.S. inflation rate over the same time period. But consider what the government figures don't take into account, and the onerous repercussions for families nationwide. Take child care. According to the USDA, parents spend an average of $1,220 to $3,020 on child care and education during each of the first two years, depending on household income. Yet the National Association of Child Care Resource and Referral Agencies, a network of more than 805 child care centers nationwide, estimates the bill...
...problem is revenue and an inefficient business model - and gripes that the Americans aren't competing on a level playing field. For one, the Japanese teams have not been run as profit-making entities; instead they traditionally operate as advertising vehicles for parent companies. The NPB's annual revenue is estimated to be only slightly over $1 billion, one sixth of what the U.S. draws. The salary gap between what the best players make in each country is equally large. The NPB has no integrated system of selling media or merchandising rights...
Batmanghelidjh, who set up the charity in 1996 to support "lone children" growing up without a responsible parent or carer, says that she and her team encounter many British children who have been neglected or abused, leaving them too damaged to benefit from education or training. "The level they're at is just about survival," she says. "The public can't imagine having a daily life that's so empty and exhausting." In such circumstances, girls are often drawn into prostitution. Many have babies while still teenagers, partly to jump queues for social housing but mainly to find some affection...
...Even if most kids with migrant parents are, like Catalina and Stefan, left in the care of their extended families, many of them suffer severe psychological effects, says Mihaela Stefanescu, coordinator of the Soros study. "These children usually encounter the same problems as children who lost their parents through divorce or death; loneliness, problems at school, psychological effects. There are things a parent can provide that a grandparent cannot; some of them just lose control over the children...
...help combat this gap. “There is no standard way to fix it,” said former Johnson & Johnson Worldwide Vice President Cedric Jones. Jones praised schools’ willingness to try new and different methods of addressing the problem, including peer mentor programs and parent advocacy groups. HKS student Joshua Garriga added that providing decent jobs, encouraging integrity in children, and focusing on education would help close the gap. But HBS professor David A. Thomas offered a caveat to students who may become discouraged after trying to recruit people to help alleviate the discrepancy...