Just four years after cash supplements began for a group of poor families, Professor Jane Costello observed marked improvements among those who moved out of poverty. The frequency of behavioral problems declined by 40 percent, nearly reaching the risk of children who had never been poor. Randall Akee, an economist at the University of California, Los Angeles, and a collaborator of Professor Costelloà ‚¬ „ s, argues that the supplements actually save money in the long run. He calculates that 5 to 10 years after age 19, the savings incurred by the income supplements surpass the initial costs à ‚¬" the payments to parents while the children were minors. Thatà ‚¬ „ s a conservative estimate, he says, based on reduced criminality, a reduced need for psychiatric care and savings gained from not repeating grades. (The full analysis is not yet published.) |
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Meryl Ann Butler is an artist, author, educator and OpedNews Managing Editor who has been actively engaged in utilizing the arts as stepping-stones toward joy-filled wellbeing since she was a hippie. She began writing for OpEdNews in Feb, 2004. She became a Senior Editor in August 2012 and Managing Editor in January, (more...)