In 2003, MN Federal Reserve Board Director Art Rolnick & Economist Rob Grunewald completed a study demonstrating the highest return on investment government could make – 18%.
They proved that by investing in early childhood programs children became much more likely to succeed in school and lead a productive life. This research was the most practical approach to the economics of childhood development this nation has ever seen.
KARA believes that this federal reserve study has not had the impact it should have had because;
We don’t respond to how much money is saved as powerfully as we do to how much things cost,
Almost no one knows the short or long term costs abused children carry with them through a lifetime or,
The cost of multiple generations of abused children