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Pro@reddthat.com to Economics@lemmy.world · 22 days ago

Economists made a model of the U.S. economy. Our debt crashed the model

www.marketplace.org

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Economists made a model of the U.S. economy. Our debt crashed the model

www.marketplace.org

Pro@reddthat.com to Economics@lemmy.world · 22 days ago
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Under current debt projections, economists cannot even model out a functioning long-term economy.
  • resipsaloquitur@lemmy.world
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    22 days ago

    It’s cute that you think we spend more on homelessness than it would cost to house and feed and take care of someone for a year.

    I’ve never heard anyone argue that we should spend more on social programs to reduce the national debt. Kudos! I’ll vote for you when you run for office on that platform.

    • Dale@lemmy.world
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      22 days ago

      https://www.va.gov/HOMELESS/nchav/docs/Research_Brief-May2023-The_Evidence_Behind_the_Housing_First_Model-Tsai_508c.pdf

      https://www.npscoalition.org/post/fact-sheet-cost-of-homelessness#%3A~%3Atext=A+study+from+Los+Angeles%2Cmore+than+%2480%2C000+per+year.

      https://www.vox.com/2014/5/30/5764096/homeless-shelter-housing-help-solutions

      https://endhomelessness.org/resources/research-and-analysis/ending-chronic-homelessness-saves-taxpayers-money-2/#%3A~%3Atext=A+chronically+homeless+person+costs%2CAssistance+Grants+in+FY+2017.

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