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I am an teacher at a daycare. Short-term, lots of parents will have to drop out of the workforce to take care of their own children. The economic effects of this will be subtle but extensive. I suspect that in the americas this will be ignored, in Europe this will provoke the writing of policies to help parents, and in Asian countries this might just reinforce traditional gender norms very strongly. I dont know how this wouo
Yeah, it would revive traditional roles, but suddenly nobody would be able to support a family anymore (not those first few years, at least), because life's too expensive for just one breadwinner.
In Europe, society would come together and clap to all those heroic parents.
I mean amarica will do that too, but that will be used to justify gutting some policy or other