英语翻译Here's a thought experiment.Suppose that you have $50,000.Using that cash,you can:a) remodel your outmoded bathroom; b) purchase an expensive new car; c) replace your arthritic and failing knee; or d) pay for two years of college for your
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英语翻译Here's a thought experiment.Suppose that you have $50,000.Using that cash,you can:a) remodel your outmoded bathroom; b) purchase an expensive new car; c) replace your arthritic and failing knee; or d) pay for two years of college for your
英语翻译
Here's a thought experiment.Suppose that you have $50,000.Using that cash,you can:a) remodel your outmoded bathroom; b) purchase an expensive new car; c) replace your arthritic and failing knee; or d) pay for two years of college for your child at your state university.
Which of these do you choose?My guess is that most people would pick either "c" or "d." These days,fixing up your house or getting a new set of wheels feels like a luxury.But even in tough times,health and education are still necessities to most people.What's more,the public seems to support increased government spending in these areas.In an early February Gallup poll,56% of Americans considered aid for education "one of the most important" items to have in a stimulus bill,beating everything else,including tax cuts.
The public support for health and education carries a broader economic implication.The two sectors,long maligned as inefficient,may turn out to be the best hope for sustaining the economy.Hospitals,universities,and the like employ about 30 million workers,or 22% of the workforce.These employees are numerous enough and well-paid enough,on average,to prop up the economy while housing and finance recover.
stabilizing influence
If additional stimulus is needed,the health and education fiscal policy channel is still functioning,while other ways of getting money into the economy have broken down.Taxpayer money given to banks,businesses,or households will likely be saved with little stimulative effect.But funds directed to schools and hospitals—as called for in President Barack Obama's recent stimulus bill—will almost certainly be spent on buying equipment,putting up new buildings,and hiring workers.Health-care employers in particular seem willing to hire nurses,medical technicians,home aides,and the like.Over the past year the number of health and education workers has risen by 500,000.
Ordinarily,such spend-and-hire behavior would be objectionable.After all,most people on both sides of the political aisle agree that health and education are overpriced and hobbled by world-class bureaucracies.Indeed,on Mar.10,Obama unveiled his education reform program.Health-care reform is high on his agenda as well.
But these are no ordinary circumstances.In many regions—especially the hard-hit manufacturing belt—people working in health and education are crucial to keeping local economies afloat.In Michigan,health and education now provide 23.7% of jobs while manufacturing has dropped to half that,only 12.5%.
Looking back over the past decade,health and education have been a stabilizing influence nationally,hiring at a steady pace and adding 5.3 million jobs since 1999.Meanwhile the rest of the economy has gone through booms and busts,creating fewer than 400,000 new jobs in 10 years as offshoring ate away at manufacturing.
Spending on health and education eventually will have to be reined in.But that crisis is 5 or 10 years down the road.For now,schools and hospitals may be the best choice we have for keeping the labor market afloat.
英语翻译Here's a thought experiment.Suppose that you have $50,000.Using that cash,you can:a) remodel your outmoded bathroom; b) purchase an expensive new car; c) replace your arthritic and failing knee; or d) pay for two years of college for your
这里有一个思维实验.假设你有5万美元.使用,现金,您可以:1)您的陈旧卫生间改造;二)购买昂贵的新汽车;三)更换膝盖关节炎和失败;或d)为您的孩子支付两年的大学生涯你州立大学.
这些,你选择哪一个?我的猜测是,大多数人会选择要么“C”或“d.为”这些天来,修复了你的房子或获得一组新的车轮感觉就像是一种奢侈.但是,即使在困难时期,卫生和教育仍然对大多数人的必需品.更重要的是,公众似乎支持在这些领域增加政府开支.在今年二月盖洛普民意测验,
56%受访者认为教育援助“最重要”的项目之一,在刺激法案,美国人,击败一切,包括减税.
为健康和教育的公众支持进行更广泛的经济影响.这两个部门,只要低效诽谤,最终可能是为维持经济的最大希望.医院,大学等雇用约30万工人,或22%的劳动人口.这些员工有许多不足和福利给予足够的平均值,
支撑经济,同时住房和金融复苏.
稳定作用
如果需要额外的刺激,卫生和教育财政政策的渠道仍然发挥作用,而其他途径获得资金纳入经济已经破裂.纳税人的钱给银行,企业或家庭可能会被保存刺激作用不大.
但是,资金定向到学校和医院,为在总统奥巴马最近刺激法案,几乎肯定会用在购买设备,铺新建筑物,并雇用工人要求.健康,特别是照顾雇主都愿意聘用护士,医疗技术人员,家庭助手,等等.在过去一年的健康和教育工作者的人数已增加50万.
通常,这类支出和,雇用行为会反感.毕竟,对两个党派的大多数人都同意,卫生和教育价格过高和世界级的官僚束缚.实际上,在3月10日,奥巴马宣布他的教育改革计划.医疗保健制度改革是高他议事日程.
问题补充:但是,这些不是一般的情况.在许多地区,特别是重灾区的生产带,人的健康和教育工作是保持地方经济平稳.在密歇根州,现在的健康和教育工作提供了23.7%,而制造业已下降至一半,只有12.5%.
回顾过去十年中,卫生和教育恢复稳定一直是全国的影响力,在稳步增加雇用和自1999年以来530.000万就业机会.与此同时,其他经济经历了繁荣和萧条,创造40万不到10年的新职位,在生产外包吃了.
在卫生和教育支出最终将不得不加以约束英寸,但这场危机是5年或10年后.目前,学校和医院可能是最好的选择,我们有保持劳动力市场的活跃.