In a “Room for Debate” contribution, the Bernard L. and Irene Schwartz chair of economic policy analysis at the New School for Social Research attempts to find a “criteria” (sic) to rank the states based on their fiscal policy decisions. She chooses the percentage of children living in poverty as her criterion, and finds the following: “But let’s look at North Carolina. It is the 39th richest state, and yet it ranks 12th for the percentage of children living in poverty – only 11 states fare worse.” She and one of her colleagues were “shell-shocked” to discover that 50 – 11 = 39. Or maybe they heard that there are 57 states somewhere. In any case, let’s feel blessed that there is room for debate about her analysis.
Wednesday, April 23, 2014
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