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by edoceo 14 days ago
Or every teacher gets classroom supplies for five years.

Or treatment programs for addicts. There are a lot of economic benefits to helping folks on the lower side of the income spectrum.

2 comments

Yeah but taxing 50% of all earnings below $100k could also do that. What money can be spent on is fine but I think we’ve got a good system where people can have reward for economic output and they can use that to allocate money where they want. There are places with central planning and I don’t like them.

Personally, I’d rather the money be spent on datacenters. And as it goes, the guys with the money also would prefer that.

We have central planning just not by a government
You would rather build data centers than buy school supplies or implement a nationwide high speed commuter rail network?
Yes.

To do the latter things as a substitute would require appropriation of other people's money to spend on highly captured industries. I'd rather that not happen.

But it wouldn’t have been so who cares? It’s a counterfactual.