By Catherine Rampell, Photo: Craig Mithelldyer/AP, The Washington Post, October 13, 2022
How about getting some of that sweet, sweet industrial policy for an industry that really needs it?
Not manufacturing plants. Not the tech sector. I’m talking about the “care” industry — the sector that’s needed to grease the wheelswhen it comes to the rest of the economy but one that Congress has largely ignored.
The U.S. economy has more than recovered all the jobs lost in the pandemic. But there are a few sectors that are not close to recovering all the workers they lost or laid off early in 2020. Among them: child-care providers (whose ranks have begun shrinking again in recent months) as well as nursing and residential care facilities.
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