Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Tuesday, September 28, 2021

Half Loaf Means You're Still Eating

 Interesting argument for means testing the Child Tax Credit in order to make it permanent. As the authors acknowledge, means testing sucks. However, a permanent plan targeted at the poorest Americans would be better than an loaded revolver left to go off in 2025, even if it covers fewer kids. They note that targeted programs actually poll well.

I'd go a bit further. Establish a means tested permanent program and then expand it over the years as it proves to be popular.

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