Yesterday an article appeared in the Wall Street Journal describing how governments all over the world are subsidizing child care in order to bring more women into the workforce, and even to boost sluggish fertility rates. Government investments in child care in Japan and France, for instance, are seen as the means to raise women’s employment rates and income, resulting in a huge increase in consumer spending.
I titled this blog “déjà vu” because I have heard this case over and over during the 30 years I have advocated for investments in quality child care. In the last 10 years or so, all the child care focus has been on the importance of the early years in laying the foundation for school success and lifelong learning. But prior to that, child care was in the public eye primarily as a tool to enable parents to work to support their families.
I don’t think U.S. policy makers are concerned with low fertility rates, as they are in Japan and France, but they are concerned with the economy. The article states, “Japanese economists calculate that raising women's employment rate from the current 67.5% would boost consumer spending enough to create an additional $70 billion in wealth.”
The Wall Street Journal article concludes that many in America want the government to stay out of child care, leaving the full responsibility to parents. They ask readers to weigh in with their opinions on the issue. It will be no surprise to my readers that I believe that government investment in quality child care pays double dividends – first, as an essential tool for economic development and, second, to close the achievement gap by having all children ready to succeed.
I am delighted to hear the renewed conversation about the link between the economy and child care.