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Why U.S. Childcare Issues Affect Everyone

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Treasury Secretary Janet Yellen recently described the state of childcare in the United States as “a textbook example of a broken market.” According to Yellen, the existing system fails to meet the needs of caregivers and parents alike. She highlighted the significant issues within the childcare sector, emphasizing that the current model is inefficient and ineffective for both those who provide childcare services and those who rely on them.

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