20 years ago the economists Art Rolnick and Rob Grunewald at the Federal Reserve Bank did extensive studies on the fiscal value of investing in young children and families.
It turns out that investing in children and young families provides the highest return on investment a government can make.
It’s apparent how terrible many government investments are and it’s easy to see how providing skills and basic needs for children and young families are superior investments to giving the homeless bus tickets to other states so they become a burden elsewhere.
The common government/business model of luring a corporation to leave one state for another has always been a win/lose (no net gain) and disruptive government practice (it upends workers & their families and wrecks the losing state’s economy). In the end, revenge will be had and the pain will equal the gain. My state has practiced both of these bad ideas.
The following pieces outline the compelling information gathered by researchers at the Federal Reserve Bank that proves the value of investing in children.
From KARA’s perspective, not knowing these things keeps prisons full, schools failing and communities unsafe…. Pass it on