To pay for or not to pay for, that is the question.

Mr. (Jason) Fur­man said spend­ing that is tem­porary or bol­sters the econ­o­my’s long-term growth po­ten­tial prob­ably doesn’t need to be paid for. That could include one-time in­vestments in re­new­able en­ergy, or in­vest­ments in ed­u­ca­tion, which stud­ies show deliver eco­nomic ben­e­fits for decades. By con­trast, programs that are per­ma­nent and not aimed primarily at boost­ing growth, such as im­prove­ments to health­care, should prob­a­bly be paid for, he said.

Wall Street Journal 3-25-21

Let’s think about the “should probably be paid for.” You mean like Medicare and Social Security that Congress has failed to adequately pay for despite decades of warning to do so? You mean the transportation trust fund?

Sooner or later, one way or another doesn’t everything have to be paid for!

I love economist with their models, projections and theories. Too bad they don’t include human nature and political agendas. 😢


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