The thing that really gets me is - how many men do you see angsting over this? None. The men that stay at home (my DH being one of them) seem very secure in their home based, parenting roles. Can bet your life he doesn't feel "degraded" not earning his own income! He doesn't have to, I earn enough for both of us.
Oh and he doesn't do housework either, he hates it - so I pay for a cleaner. Except "I" don't pay, "we" pay. I may earn it but the minute it hits our joint bank account, it's family money.
And yet here are women judging other women for working full time, for not working at all, for using paid childcare, for any one of a number of life choices that are the best choice they could make for their family, at that time. No one choice is superior to another, no one family set up is superior to another. It's what works for you and your family, I couldn't give a toss if both parents stayed at home, if both parents worked, if there was a mix of the two.
We did look into DH going back to paid employment when the youngest started school. The cost of childcare for school holidays, the cost of wraparound care (my job starts early and finishes late), the cost of me unexpectedly being called in on my day off - means that whatever he could earn, our family as a whole would have a net loss of income. He would rather we didn't take that financial hit and we both prefer having a parent at home.
I work part time though. I've decreased my hours to 50 a week :-) I still get to do the school run 2-3 times a week (days where I start late or finish early), I still get to go to performances and parent teacher evenings and presentation assemblies. I even got to go to camp this year which was awesome!
I like to think that the example we are setting is that any parent regardless of gender can look after children. And that any parent regardless of gender can work to pay the bills.
I also wonder how many people would still work if they won the lottery and money was really and truly no object. I wouldn't! I wouldn't feel degraded for living off my winnings either :-)