In the online article, Trade-Offs in the Stimulus Package, Madison Powers discusses the equity-efficiency trade-off and the capital-consumer goods trade off. To start I feel the balance of equity and efficiency should be balanced. Fairness in this stimulus package should be split right down the middle with efficiency.
Secondly, the columist speaks about the infrastructure and other components. In this trade-off the focus should be mainly on producing capital goods here in the U.S. which is infrastructure. This would create many more jobs and make America that powerful nation we once were. In contrast, the consumer goods would get less attention and would lower our standard of living, but we need our focus to be on capital and I feel in the long term it will turn this situation around.
