Partnership for America’s Economic Success 901 E Street NW, 8 th Floor Washington, DC 20004

1. Early Childhood Development An Investment We Can’t Afford to Pass Up Partnership for America’s Economic Success 901 E Street NW, 8th Floor Washington, DC 20004 (202) 552-2000 info@PartnershipforSuccess.org www.PartnershipforSuccess.org

2. Investing in Early Childhood Development Running the Numbers • Growing up poor1 • 2 fewer years of school • Lifetime earnings reduced by half • Lack of stable housing2 • 20% less likely to finish high school • Food insecurity3 • Costs are quadrupled to educate hungry children • SOURCE: • 1Duncan, Greg J. et al. 2008. Economic costs of early childhood poverty: Raising young children out of poverty can substantially improve their odds of economic and life success: Washington, DC. • 2Roy, Joydeep. 2008. The hidden costs of the housing crisis: The long-term impact of housing affordability and quality on young children’s odds of success. Partnership for America’s Economic Success: Washington, DC. • 3Murphy, C. et al. 2008. Reading, writing and hungry: The consequences of food insecurity on children, and on our nation’s economic success. Partnership for America’s Economic Success: Washington, DC.

3. The Cost of Doing Nothing By not learning, the brain does not grow Normal child Severely neglected child Images reproduced with permission by Harry Chugani, M.D., Wayne State Univ. School of Medicine,Chief, Pediatric Neurology, Director , PET Center, Children's Hospital of Michigan, Dept of Neurology. 

4. Kids Who Start Behind Stay Behind Adult Health Risks by Adverse Childhood Experience Score • SOURCE: • Felitti, V.J., Kaiser Permanente; and Anda, R.F., Center for Disease Control and Prevention • SOURCE: Felitti, V.J., Kaiser Permanente; and Anda, R.F., Center for Disease Control and Prevention.

5. How America Stacks Up U.S. Ranks 26 out of 32 countries on PISA 2006 Math Scores Annual societal costs of managing uncontrolled asthma attacks ≈$4 Billion • ≈$0 • SOURCE: Fertig, A. and Corso, P. (2008) The long term economic costs of asthma. Partnership for America’s Economic Success: Washington, DC.

6. The Good News The Earlier the Investment, the Greater the Return Programs targeted toward the earliest years Preschool programs Schooling Rate of return to investment in human capital Job training 4-5 Pre-school 0-3 School Post-School Age • SOURCE: Heckman, James J. Schools, skills and synapses. Economic Inquiry. July 2008.

7. Business Leader Support Jim Rohr, CEO of PNC Bank, leading $100 million PNC Grow Up Great George Kaiser, CEO of Kaiser-Francis Oil, major supporter of early care and education in Oklahoma Ed Basha, CEO of Basha’s Grocery Stores, led fight in Arizona for early childhood ballot initiative Massachusetts Strategies for Children campaign business leaders: Mara Aspinall, CEO of Genzyme Genetics; Ronald Sargeant, CEO of Staples; James Brett, CEO of The New England Council; Richard Lord, CEO of Associated Industries of Massachusetts CEOs of Federal Reserve Banks in Richmond, Cleveland and San Francisco made statements in support of early investments as economic development Federal Reserve Chairman Ben Bernanke – “high returns that early childhood programs can pay”

8. A Jarring Realization Portion of Business Leaders Who Say a Skilled Workforce is the Most Important Factor to Business Success Portion Who Say They’re Concerned about Finding Skilled Workers 74% 54% SOURCE Zogby, J., et. al. ()2005). American business leaders’ views on publicly-funded pre-kindergarten and advantages to the economy. Zogby International: Washington, DC. SOURCE: American business leaders’ views on publicly-funded pre-kindergarten and the advantages to the economy. Zogby International. December 2005.

9. Sound Investments, Solid Returns Health Stability Education

10. Early Childhood Development An Investment We Can’t Afford to Pass Up Partnership for America’s Economic Success 901 E Street NW, 8th Floor Washington, DC 20004 (202) 552-2000 info@PartnershipforSuccess.org www.PartnershipforSuccess.org