Federal Reserve Bank of San Francisco

Community Development

Community Investments Vol 20, Issue 3
Supporting Young Children and Families: An Investment Strategy That Pays

Author(s):

2008

Community Investments

In the United States, public investment in children typically does not begin until they are age five or six and enter a public school system. Until that time, we regard the care of young children as the almost exclusive domain of parents, relying on them to provide an environment that will promote healthy physical, intellectual, psychological, and social development. Good care early in life helps children to grow up acquiring the skills to become tomorrow’s adult workers, caregivers, taxpayers, and citizens. Yet today, many parents are stretched thin, in both time and money, trying to care for their young children, while early in their own careers. Parents across the socioeconomic spectrum struggle to balance both their children’s developmental needs and the demands of their employers.

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