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We Can’t Afford Not To

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  • Mary C. Daly

Abstract

Three crises—health, economic, and social—are converging into one difficult moment in American history. Everyone has been affected, but the highest costs are falling on those least prepared to bear them. The path forward will require investments in “opportunity infrastructure” that maximize individual potential, reduce inequities, and lay the foundation for long-term economic growth.

Suggested Citation

  • Mary C. Daly, 2020. "We Can’t Afford Not To," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2020(15), pages 1-08, June.
    • Handle: RePEc:fip:fedfel:88156
    Note: Adapted from a presentation by the President and CEO of the Federal Reserve Bank of San Francisco to the National Press Club, Washington, DC, on Monday, June 15.
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