Assignment #3 J. Norman

"Trade-Offs in the Stimulus Package" was written by Madison Powers to inform her readers of the positives and negatives trade-offs can have on our economy. Multiple trade-offs have to be factored into the decision making. One trade-off is between goals of efficiency and ideals of equity. We also need to strike a balance between infrastructure and other things that stimulate economic growth. Many doubt that the current proposals actually get right these trade-offs. We want our tax revenue offsets to yield a greater amount of economic activity per dollar of cost. We also want our policies to be fair and equitable. Economics argue that equity will take a while to become stable. Others argue that equity is too costly and should be dealt with at a much later date. We need more economic growth for each dollar. In other words, we must make the best possible choice to become the most successful in improving our economy. The best opportunity cost.