How to Lower the National Debt: Early education investment versus business tax incentives

With election season in full swing, we have all heard a lot about plans to lower the national debt. There are lots of strategies being proposed, and talked about, but none have focused on investing in high-quality early education as a way to decrease the debt. In his 2011 book, Investing in Kids, Dr. Timothy Bartik analyzed just how effective investing in high-quality early education can be. In his analysis, he found that high-quality early education investments will reduce the national debt more effectively than business tax incentives (a strategy that is often discussed) will.

In the long-term, national investments in high-quality early education could boost the size of the national economy by almost 2 percent equating to:

  • over 3 million more jobs
  • almost $1 trillion in increased annual gross domestic product

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