The Dead Kennedys’ Path To Prosperity

Posted on

"The Dead Kennedys’ Path To Prosperity"

As outlined in their classic song on the subject, if you simply physically eliminate poor people then per capita GDP goes up and expenditures decline in a way that’s consistent with constant public service levels for (surviving) members of the public:

But what they failed to note is that the growth impact is especially large if you focus the attention on the specific sub-set of poor people who are retired or severely disabled, since such individuals contribute little-or-nothing to the nation’s measured economic output.


« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.