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Kathryn A. Edwards

Child Care Has Failed. The Government Can Help.

America’s dysfunctional system illustrates why the market can’t care for kids. Public intervention would benefit families and the whole economy.

Failed market.

Failed market.

Photographer: Simone Lueck/Bloomberg

America’s childcare market is an abject failure. Even at prohibitively high prices, supply doesn’t meet demand, preventing children, parents and the entire economy from reaching their full potential.

This is a problem that only government intervention can solve.