Back to Health and Education  Posted by: Michael Mandel on
February 27  I’ve harped over and over again about the
importance of health and education as a driver of growth, in
both hiring and spending. Taken together, health and education
equals 25% of GDP, and growing.  Obama’s budget just drives that
home. Like the stimulus package, the 2010 budget puts an
emphasis on health and education. Just two examples: The budget
includes $630 billion for health care reform over the next ten
years, on top of existing money. In addition, Obama is proposing
making the Pell Grants part of the mandatory part of the budget.
Education becomes essential rather than discretionary.  Health
and education are the floor for the economy going forward.
TrackBack URL for this entry:  Reader Comments   February 27,
2009 03:50 PM  I agree that health and education are important
elements of our economy.Just throwing more money at them,however
is by itself not the answer.As everyone knows we have some of
the highest per capita spending