these costs total about $500 billion per year, or the equivalent of nearly 4 percent of gross domestic product (GDP). More specifically, we estimate … - Robert D. Putnam

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these costs total about $500 billion per year, or the equivalent of nearly 4 percent of gross domestic product (GDP). More specifically, we estimate that childhood poverty each year: (1) reduces productivity and economic output by an amount equal to 1.3 percent of GDP, (2) raises the costs of crime by 1.3 percent of GDP, and (3) raises health expenditures and reduces the value of health by 1.2 percent of GDP.

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