There's a letter in today's Guardian: Give Parents a Real Choice on Childcare arguing that the current system of childcare subsidies discriminate against SAHMs and don't acknowledge that the work they do is economically valuable, and that there should be equal financial support offered to families with a SAHP.
The campaign group behind the letter, Mothers At Home Matter, are focused on the benefits that a SAHM (their wording) is hugely beneficial to families and society, but stigmatised by a society that values economic activity over everything else.
I don't know whether it's their exclusive focus on women staying at home with children that set my feminist alarm ringing, but my gut reaction is that choosing to stay home with your children isn't equally important at a societal level to working, however important it may be to to families at an individual level, and therefore it's fair enough that there's no SAHM subsidy.
We already have maternity rights to enable women to take spend the first year of their child's life with them, although those benefits could arguably be significantly better. Also arguably better support is needed for families of children with disabilities where returning to work isn't possible due to their child's needs, but in the absence of those factors, is it really fair to expect the state to meet the cost of women choosing not to return to work?
I realise this is a thorny issue, and I honestly don't believe all mothers should be in paid work immediately after having children - they should be free to make the choice that's right for their families. But if the consequence of being a SAHM means losing one income, is it fair to expect equal subsidy from the state to compensate for that?