Invest Some Money for the Prevention of Child Abuse

by JWC

Investing in stocks, bonds and/or mutual funds is good for the economy. Investing in the prevention of child abuse also has an economic benefit.

This is not the forum for an explanation of how stocks, bonds and mutual funds benefit society, but is an ideal platform to describe the benefits of investing in child abuse prevention.

Prevent Child Abuse America published an economic impact study in September 2007. The study estimated the total cost per year of child abuse in America to be (hold on to your chair) just over 103 billion, yes that's right, 103 billion dollars. In fact, the studies authors, Ching-Tung Wang, Ph.D. and John Holton, Ph.D. clearly state this to be a conservative estimate.

It does not take an economics professor to figure out that if child abuse can be eliminated or even reduced there would be a significant financial impact on society.

The reduction of child abuse would lower the costs for medical care, addiction treatment services, litigation services, specialized education and necessary societal systems such as child welfare, victim support services and law enforcement.

In addition, the nation's productivity would increase due to increased stability of the work force: healthy children become healthy adults; healthy adults become contributing members of society.

In conclusion, I would ask that the next time you have some money to invest in mutual funds, stocks or bonds, consider investing in child abuse prevention by donating to such organizations as Prevent Child Abuse America.

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