HI:So 20K (incl daycare)per year after tax money.So if you aren't making at least 35K  (more like 40K)its not worth working.
Put in a huge mortgage(with interest rates rising) and I can see money woes on the horizon for many young(and not so young) couples.
Ma and pa could be called upon just at the time where they need those fleeting dollars.
Doesn't this sound like a good time to raise taxes(cap and trade,carbon etc)!