The demographic case for investing in America’s children
Originally published by Brookings Institution, William H. Frey
The Biden administration has made no secret about its intention to focus on investing in the nation’s youth. With its allies in Congress, the White House’s “American Rescue Plan” proposes to provide thousands of dollars of cash payments to families with children. This, alongside increased attention to education, caregiving, and other family support measures, signals the administration’s spotlight on the well-being of children. Although investment in the nation’s youth is a long-held staple of American politics, it was clearly not an emphasis of the Trump administration, which paid more attention to appeasing its largely older political base.