July 23, 2020 — In a recent Politico interview, economist Betsey Stevenson argues that the pandemic has exposed a long-building childcare crisis in the U.S. and that the economic toll of the collapse of the child system will be felt for decades to come:
“The work of recovering from it will not end just because we have a vaccine,” says Stevenson, a labor economist at the University of Michigan and former member of President Barack Obama’s Council of Economic Advisers. “We are making choices right now about where we will be as an economy in 20 years, in 30 years, based on what we do with these kids.”
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