Does recession make being a stay-at-home mom risky?
Leslie Bennetts writes: For the major media that romanticized opting out as the soothing solution to the stress of juggling work and family, the devastation that choice has left in its wake represents merely another story. But for the women who got sold a bill of goods and gambled their futures without understanding the risks they were taking, losing that bet turned out to be the biggest mistake of their lives.
Studies have found that for every two years a woman is out of the labor force, her earnings fall by 10 percent, a penalty that lasts throughout her career. I think the author is way too dismissive of women who choose to stay at home, and having a backup plan seems like advice coming from Capt. Obvious. But I am sure some people need to think harder about how to minimize the downside if it should ever arrive.
-- Sharon Kennedy Wynne