Saturday, March 05, 2022

Costly, Costlier, & Costlier yet?

"Among the almost 40 countries in the OECD, only Turkey spends less per child as a percentage of their GDP. It's a big reason why the United States has a much higher rate of child poverty than most other affluent countries — and even has a higher rate of child poverty than some not-so-affluent countries."

 ~ G. Rosalsky

"Why America Has Been So Stingy In Fighting Child Poverty"

 https://www.npr.org/sections/money/2022/02/22/1081373489/why-america-has-been-so-stingy-in-fighting-child-poverty

"In a new paper, the economists Anna Aizer, Hilary W. Hoynes and Adriana Lleras-Muney explore the reasons why the United States is such an outlier when it comes to fighting child poverty. While they acknowledge the reasons are varied and complex, they focus their analysis on one factor: American policymakers, influenced by economists, have dwelled much more on the costs of social programs than their benefits."

~ G. Rosalsky

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