Putting education and growth into deficit talks

393 views · Published 1 December 2011 · 6:07 · Indexed 20 October 2026

Channel: Hoover Institution · 2011 · News & Politics

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Eric Hanushek and Terry Moe, Hoover senior fellows and members of the K--12 Education Task Force, discuss the role of economic growth in dealing with current deficit problems. The breakdown of congressional fiscal discussions over the balance of spending cuts and taxes completely neglects the third option of increasing GDP growth, a policy that would deal with long-run Medicare and Social Security issues. Improving long-run growth, however, will take significant changes in school policy--something that is difficult to achieve politically.

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