In the article, Trade Offs in the Stimuls Package, Madison Powers discusses the tradeoffs that were made for this stimuls package to be passed. One trade off-equity efficiency aims to try and increase our spending to maximize our economic activity per dollar. Madison talks about being Keynesians-the idea that the state should stimulate economic growth and improve the stability in the private sector,a policy with which i would agree with.
Powers also speaks of how the package will help rebuild our infrastructure by creating more jobs. My question is where how does South Carolina fit into these stimulus package? As one of the states with the highest unemployment rate, what will this package to do help that. Also how much of these money would go towards education? With teachers salaries already being cut, how are Americas young peopleexpected to get a quality education if there are not enough quality teachers?
