I have many friends that think their wives should work and carry half of the burden. I have one friend who has twin boys who are around 4 and his wife stays home. He truly believes that she is watching tv all day.
I worked a 24/48 shift when my kids were small, so I did my share of childcare/housework. It saved a lot of money on daycare, and my wife was happy to work, if I took care of them. I learned real quick that staying home doesn’t mean watching tv. Now, we try to split up the workload as best we can. If I suggested that my wife should do all the kids/housework, I would be an “ex” really quickly.
There's a verse in the Bible that describes the situation in full...."Better to live in a desert than with a quarrelsome and ill-tempered wife. - husband."
You know...it's a real challenge nowadays... for both partners usually have to work (which wasn't my case) to keep their head above water and pay for all the little extras. If there's a plan in place that makes them both comfortable.... I say, "Go for it". I would just make sure that the kids won't suffer because someone needs the new sports car or the biggest house on the block. In the long run.....it's not worth it and you only get one chance to do it right.