The Trump administration’s proposal to cut the Environmental Protection Agency’s budget raises the question of what is the optimal geographic area to cover with some economic policy. Administration supporters quickly asserted the cuts are a good idea because states are more effective than the federal government in dealing with pollution. Are they right?
Yes, in some cases states are better able to respond to pollution. But, given the scale of things in a modern economy, it often is not true....
Ken Notes: One of the great flaws in government budgeting and spending is that it is NOT outcome/impact based.
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- - Volume: 5 - WEEK: 12 Date: 3/20/2017 7:42:17 AM -