A couple weeks ago, Zane wrote about a second round of stimulus
checks--he thinks it's a bad idea (I'm a little behind on my blog reading).
I agree.
Shouldn't we really be investing in "automatically adjusting"
counter-cyclical mechanisms, like welfare, health care, and education?
When people lose their jobs, that $400 isn't going to help them. What
might help them would be a job-retraining program, easier availability
of subsidized student loans, and freely available, inexpensive
healthcare, and aid for relocation and bigger unemployment checks might
not be a bad idea as well.
In other news, hospital visits here in Guatemala are paid for by the
government. If only we had such a well-developed healthcare system as
our brethren to the South.
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