Economic Development Futures Journal

Saturday, May 06, 2006

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Why We Need to Pay Attention to Kids

"One of the best investments state and local governments can make with their public dollars is in high-quality, parent-involved early childhood development programs, an early education and economics expert told a local conference of educators.

Arthur J. Rolnick, senior vice president and director of research at the Federal Reserve Bank of Minneapolis, said governments, in hopes of job creation, conventionally promote economic development by spending billions of public dollars in subsidies to get private companies to either locate or expand their business."

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