The Best Paragraph I've Read:
"The cost of raising a child through high school has risen to more than $300,000 because of inflation that is running close to a four-decade high, according to a Brookings Institution estimate.
It determined that a married, middle-income couple with two children would spend $310,605—or an average of $18,271 a year—to raise their younger child born in 2015 through age 17. The calculation uses an earlier government estimate as a baseline, with adjustments for inflation trends.
The multiyear total is up $26,011, or more than 9%, from a calculation based on the inflation rate two years ago, before rapid price increases hit the economy, the Brookings Institution said."
This paragraph comes from an article in the Wall Street Journal. The article is titled: "It Now Costs $300,000 To Raise a Child." The author is Rina Torchinsky. You can read the full article here:
https://www.wsj.com/articles/it-now-costs-300-000-to-raise-a-child-11660864334
Zac and Don discuss the new average cost to raise a child. They also discuss other numbers that they have seen in the news recently.
Below are links to the other stories discussed:
$75 Fine Dining Menu for Dogs in San Francisco
https://www.sfchronicle.com/food/restaurants/article/dogue-restaurant-dogs-17484518.php
12% Chance of a Nuclear Detonation
https://marginalrevolution.com/marginalrevolution/2022/09/will-a-nuclear-weapon-be-launched-in-combat-by-the-end-of-2023.html
6PM Is the New Dinner Hour in New York
https://www.nytimes.com/2022/09/20/t-magazine/eating-early-new-york-restaurants.html
2:01:09 Is the New Marathon Record
https://olympics.nbcsports.com/2022/09/25/eliud-kipchoge-berlin-marathon-world-record/#:~:text=Kipchoge%20slowed%20in%20the%20final,%3A40%2C%E2%80%9D%20Kipchoge%20said.
20 Quadrillion Ants are on Earth
https://www.washingtonpost.com/climate-environment/2022/09/19/ants-population-20-quadrillion/
20,000 Uses of Cotton Bag = Single Use Plastic Bag
https://twitter.com/AlecStapp/status/1566797139023462405