Economic Rigor

PWC published a report today saying that they believe the unpaid Child Care Industry was worth $345 Billion a year. Which is a crazy figure. Would make unpaid child care the biggest industry in Australia. So I called Bullshit and decided to do some analysis. My goal was to calculate what it would cost to put every child (0-5) in long day care, and every child (6-12) in before school and after school care. First, my assumptions. 1. There are 256 working days in the year. Weekends and Public Holidays would not require child care as it is expected that parents would do the caring. 2. Long Day care costs $100 per child, per day (is a NSW price so likely to be cheaper in other states) 3. Before School/After School care costs $66 a day (is a NSW price so likely to be cheaper in other states 4. Number of children in Australia are accurately counted by the ABS (which is where I am getting my numbers) Calculations In Australia, no of kids aged 0-5 = 1,871,741 Cost of day care...

Been doing some digging around for incarceration statistics to see if Immigrants are as big a source of crime as Trump specifies. Not sure whether it is as big an issue as he claims. I started my analysis with the Bureau of Justice Statistics, which publishes an annual report of jail stats. Includes a table of non-citizen prisoners. In 2015 - the stats were as follows... Non-Citizen prisoners by Federal and State Jurisdictions = 65,107 Total Number of Prisoners in Federal and State Jurisdictions = 1,526,792 So pretty small percentage, right? Well not so fast. That number does not include Californian numbers, which don't publish non citizen prisoner stats. Going back to 2011, when California did publish these stats, we worked out that California had around 10.9% of its prisoner population to be non-citizen. Extrapolating that to 2015 (10.9% of 2015 California prisoner population of  129,593), means we have an estimated California non-citizen jail population of ...