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If the benefits exceed the costs, it’s hardly fair to argue that the program slows economic activity.
by mattkrause 8y ago
If the benefits exceed the costs, it’s hardly fair to argue that the program slows economic activity.
- stale2002 8y agoSlowing economic activity IS the cost. And the benefits outweigh the cost.
- mattkrause 8y agoYes. And when a program's benefits outweigh its costs, it seems weird to say that the program is a damper on economic activity. In other words, if Option A is "get zero dollars", and Option B is "spend $1 to get $2", it is unfair to complain about B's "cost" (spending $1) in isolation.