Here’s a question for you: What institution is the largest U.S. employer and the chief supplier of our nation’s productive capital?
Need a hint? It has been in operation longer than any other American entity and is guaranteed to be producing long after today’s businesses have disappeared.
Still stumped? It earns no appreciable revenues and does not pay its 85 million workers. It provides no insurance, no retirement or Social Security benefits and only has a few days off, if any.
It’s motherhood. As Americans, we will spend approximately $20 billion this year trying to pay tribute to our mothers who are, of course, priceless. But if we can’t put a price on motherhood, we must at least pay attention to its costs. According to the USDA, on average, it costs $25,000 to $300,000 to feed, clothe and house a child up to age 17.
With these thoughts in mind, if your Mother is still around, please go give her a hug and a kiss!
Happy Mother’s Day.
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