EarlyStories: On Journalism, Children and Learning

Obama: Here's why Business Leaders Support Pre-K

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President Barack Obama, who has been pushing a major investment in early childhood education, provides some more details in an interview with Fortune Magazine about why corporate leaders -- who have been something of a target in the sinking economy -- will advocate for investing in education.

"We cannot ignore the fact that our education system is not adequately preparing our workers for a 21st-century economy," Obama said in an interview with Fortune's Washington editor Nina Easton. "Our businesses cannot compete and win in the global economy without a more effectively trained workforce - especially in areas like math and science. That is why so many corporate leaders are advocating for more effective investments in education - from early-childhood education to cultivating more homegrown engineering talent."

Obama's remarks come at a time when businesses have been active in promoting preschool and early childhood education; some examples include Billionaire oilman George Kaiser, who has put up funds in Tulsa Oklahoma. while rallying other business leaders, to Robert H. Dugger, managing editor of Tudor Investment Corp. in Washington, D.C.

Obama has said early childhood initiatives will help reduce welfare, healthcare costs and crime rates, but how real and substantial will the business community's involvement in education be? It's a question that is well worth asking and following as the Obama administration is poised to push for the largest new federal initiative for young children since 1965. Will corporate leaders follow through -- how large will there investment be, and will they retain an interest in the quality of new programs and initiatives?

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