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If you're going to boil it down to bare economics, daycare should come out ahead. 2 people can take care of 9 babies versus a stay at home parent taking care of 1 or 2. And realistically today, advocating for a stay at home parent is telling women to go back to the kitchen. It's regressive, unnecessary, and not actionable advice.
I would instead argue that modern life is not supportive of real-life, tight communities and lasting relationships. Online social lives are a starkly inferior substitute for real life but they're easier to access and give the equivalent dopamine hit.
Hmmm I'd like to stay at home and I'm the man. We both earn about the same, she earns more. I don't trust daycare workers. You optimize for what you value, if you value economics you're simply not going to optimize for what's best for the child. Because at all the cross roads where the biological needs or psychological needs conflict the economical value you'll not be making those choices.
At a coarse level, children from families with more money are better off so I disagree. Daycare is a small part of a child's life. Really 3-4 years out of 18 and of those, only 9-5 at that. In exchange, you afford a nicer, safer town with better schools. If your family chooses a stay-at-home parent, you won't afford those places when competing against dual income families.
And that seems like a correction that needs to happen.
I think of this daycare idea like public school, you ever notice the high income rich areas have a good public school system whereas the low income don't?
If you're on the whole okay with a certain percent of kids failing then on the coarse level it does seem like a good idea.
Sure, but people wanting families are facing these decisions right now. They don't want to wait for society to get its head screwed on straight. The root comment was "stay at home parents! no more daycare!" but sailed right over all the macro and micro consequences of that.