Riving a Reagan era proposal, Senator Lamar Alexander (R-Tenn.) has proposed a grand swap: give all of Medicaid (including full funding responsibilities) to the feds; in exchange, wipe out all federal education funding. As described in The Upside-Down Constitution, a very similar swap proposal foundered in the Reagan era on the resolute opposition of the states and intergovernmental lobbies. Here’s to hoping that Senator Alexander’s proposal will receive a more favorable and constructive reaction this time around.
Jul 9, 2015
Nov 12, 2019
The inconsistencies between Clausing 1.0 and Clausing 2.0 are indicative of an economics profession that has eschewed its own humble insights.