Opportunity Costs….

Perhaps the one clear message I remember from my college economics class was the concept of “opportunity costs” — for every penny you spend on something, you sacrific the opportunity to spend that penny on something else.

From an Op-Ed piece in the New York Times:
“…the money spent on the war each day is enough to enroll an additional 58,000 children in Head Start for a year, or make a year of college affordable for 160,000 low-income students through Pell Grants, or pay the annual salaries of nearly 11,000 additional border patrol agents or 14,000 more police officers.

“He did not choose wisely.”
— The Grail Knight, Indiana Jones And The Last Crusade.


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One thought on “Opportunity Costs….

  1. dragonet2

    March 4, 2008 at 5:50pm

    And the

    shit in the president’s office has added to the grief


    to save money. $24 million.

    “I’m really looking forward to the first serious movie about the Bush Administration, because I suspect that it’s going to be pitched to the studios as “Caligula meets Beavis and Butt-Head Do America.” – Sclerotic rings, live journal.

    Permalink  ⋅ Reply
    • Author


      March 4, 2008 at 6:00pm

      Re: And the

      Gads! How does he justify nixing the Reading is Fundamental program if he intends for “no child to be left behind”? They have to be able to read if they’re going to take the dang tests!

      Permalink  ⋅ Reply
  2. Anonymous

    March 27, 2008 at 6:01pm


    This was very interesting, I shared it with my office.
    Auntie Lee

    Permalink  ⋅ Reply

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