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. 😢