This goes beyond stopped clock into “Man Bites Dog” territory.
Midlife Crisis Economics
By DAVID BROOKS, The New York Times
Published: December 26, 2011
The United States spends far more on education than any other nation, with paltry results. It spends far more on health care, again, with paltry results. It spends so much on poverty programs that if we just took that money and handed poor people checks, we would virtually eliminate poverty overnight.
So, uhh…, why don’t we do that?
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given to bail out the banks, it would eliminate poverty for a decade.