Rob, no question we have to get the Deficits down. But spending to help nuclear families is extremely important based on all the information on how much better kids turn out with 2 parent families. Hard to fit into an econometric model, but turning out unproductive young adults doesn't help productivity or growth.
Probably can’t hurt. But the real issue is priorities. I would rather invest in productivity tech rather than tax handouts. Also any evidence that these kinds of tax cuts encourage people to get married? Have kids?
Well, we did learn that setting up welfare to single mothers but not couples caused them to split up or never marry. And now getting married isn't considered important. Maybe we need an experiment amongst different States.
Blanca, completely agree. Tax breaks are a short term "high" with an easy to pull lever for policy makers.
Rob, no question we have to get the Deficits down. But spending to help nuclear families is extremely important based on all the information on how much better kids turn out with 2 parent families. Hard to fit into an econometric model, but turning out unproductive young adults doesn't help productivity or growth.
Probably can’t hurt. But the real issue is priorities. I would rather invest in productivity tech rather than tax handouts. Also any evidence that these kinds of tax cuts encourage people to get married? Have kids?
Well, we did learn that setting up welfare to single mothers but not couples caused them to split up or never marry. And now getting married isn't considered important. Maybe we need an experiment amongst different States.