Sunday, March 13, 2016

Dean Baker: We Poisoned Kids in Flint to Keep Their Parents From Having Jobs

We all understand the concept of trade-offs. If we spend more of our paycheck on restaurants, then we will have less money for rent. If we spend more time watching television we will have less time to read or do sports. There will often be similar sorts of trade-offs in public policy decisions. If we spend more money on health care then we will have less money for education or child care.

But trade-offs in public policy decisions don't always work that way. At a time when the economy has large amounts of unemployed workers and idle productive capacity, spending more in one area doesn't have to mean spending less in another. In other words, we can spend more on both health care and education.

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