> It's not as if there's some big vault full of cash that we can draw from to pay for nursing homes. I'm talking about productive capacity in the economy, not

> It's not as if there's some big vault full of cash that we can draw from to pay for nursing homes. I'm talking about productive capacity in the economy, not cash in a vault. It exists. Instead of battering workers with higher taxes, try taxing companies more directly. They're the ones benefiting the most from productivity increases. Tax land value, since real estate prices also benefit from productivity increases in rich metro areas. > That money is currently being spent on or invested in other things If you pay care workers more money, they will also spend or invest it. It's not just stacks of dollar bills going into a furnace.