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Someone else pointed out that they wouldn't be able to survive off of 85% pay without finding gig/temp work. And I'll admit, I'm in a fortunate enough position now that I didn't put much thought into that 15% being detrimental. We'll surely blow through most of our savings and that'll hurt, but we'll be alright.
With my first son I was working 2 jobs when he was born and we were already well behind on a lot of bills so the thought of leave didn't ever begin to cross my mind. It does make me even more appreciative of the position we're in now.
That math doesn't make sense unless the mother is a stay at home mom. A lot of dads that I know who took their leave staggered it with the mom; a 15% reduction in wage is a lot cheaper than paying for child care.