I don't think dropout rates cannot be entirely correlated with small government, but Krugman is right in bringing up that cutting spending/ programs will have an adverse effect on things like education. Most of the people who are affected by these cuts are not of age to vote.
Wow that is a fascinating find. They are doing things that are helping out the state economy, all the while, the future generations that are young are suffering. As a result, things like Medicaid will be cut and as much as 100,000 jobs will be laid off. Talk about a backfire of sorts, at the surface it looks like a good thing, but as more details are revealed, the worse it gets. Plus, it will be getting worse in the near future. Unfortunate for those of elderly and young, all while the top income earners pay low taxes. Unfair?
I'd agree with the authors concern of such shortsightedness. To reduce spending sounds like a great way to reduce a deficit (if you refuse to raise further revenues), but by cutting such an important device as Medicare and cutting 100,000 jobs in education? These kids in Texas don't stand a chance! Why is Texas's government protecting the upper-middle class so much and disregarding those who need its help the most?
The US, and especially Texas, needs to invest in labor, education, and capital, technology in order to see economic growth. Where o where is the extra money in the budget to be cut.....
Agree with the comments above. It's irritating how the tax cuts will inadvertently end up negatively effecting the already disadvantaged children. The concerns about short sightedness definitely seems to be a legitimate concern. Just a side note: the rhetoric reminds me the trends in US foreign policy over the decades about how every war etc has been sold to the public with the rhetoric turning out to be wrong in retrospect. it's all just dirty politics!
This was a very interesting article. The politics behind so many governmental decisions are really irritating. I can't understand how the Texas government can honestly think that making cuts in important programs such as medicaid and education is a better option than increasing taxes for the upper class. Also, I agree that massive debt would hurt our future generations; but I feel like poor health care and sub-par education would be far more detrimental to the younger generations in the state (both now and in the future).
As Laura said, across the country and in States like Texas, we need to be investing in things like capital and labor, higher education, and new technology if we are going to drive economic growth in the future. However if Texas and other states continue with these or similar cuts we won't have to worry about future growth because those generations will already be screwed. I guess that's one way of solving todays budget crisis, just don't look ahead to the future, we'll solve those problems when they come.
I don't think dropout rates cannot be entirely correlated with small government, but Krugman is right in bringing up that cutting spending/ programs will have an adverse effect on things like education. Most of the people who are affected by these cuts are not of age to vote.
ReplyDeleteWow that is a fascinating find. They are doing things that are helping out the state economy, all the while, the future generations that are young are suffering. As a result, things like Medicaid will be cut and as much as 100,000 jobs will be laid off. Talk about a backfire of sorts, at the surface it looks like a good thing, but as more details are revealed, the worse it gets. Plus, it will be getting worse in the near future. Unfortunate for those of elderly and young, all while the top income earners pay low taxes. Unfair?
ReplyDeleteI'd agree with the authors concern of such shortsightedness. To reduce spending sounds like a great way to reduce a deficit (if you refuse to raise further revenues), but by cutting such an important device as Medicare and cutting 100,000 jobs in education? These kids in Texas don't stand a chance! Why is Texas's government protecting the upper-middle class so much and disregarding those who need its help the most?
ReplyDeleteThe US, and especially Texas, needs to invest in labor, education, and capital, technology in order to see economic growth. Where o where is the extra money in the budget to be cut.....
ReplyDeleteAgree with the comments above. It's irritating how the tax cuts will inadvertently end up negatively effecting the already disadvantaged children. The concerns about short sightedness definitely seems to be a legitimate concern.
ReplyDeleteJust a side note: the rhetoric reminds me the trends in US foreign policy over the decades about how every war etc has been sold to the public with the rhetoric turning out to be wrong in retrospect. it's all just dirty politics!
This was a very interesting article. The politics behind so many governmental decisions are really irritating. I can't understand how the Texas government can honestly think that making cuts in important programs such as medicaid and education is a better option than increasing taxes for the upper class. Also, I agree that massive debt would hurt our future generations; but I feel like poor health care and sub-par education would be far more detrimental to the younger generations in the state (both now and in the future).
ReplyDeleteAs Laura said, across the country and in States like Texas, we need to be investing in things like capital and labor, higher education, and new technology if we are going to drive economic growth in the future. However if Texas and other states continue with these or similar cuts we won't have to worry about future growth because those generations will already be screwed. I guess that's one way of solving todays budget crisis, just don't look ahead to the future, we'll solve those problems when they come.
ReplyDelete