Comment Re:A sampling of hot button economic issues (Score 1) 305
But now you also have to decide what 'benificial' means. Does it mean more GDP? politicians and business types like to act as if it does. Does it mean higher economic welfare? You're more likely to get that answer from an economist, though many will still go on to consider only GDP because it's easier and it's what their employers care about.
You'll certainly find papers on the effect on GDP of things like infrastructure spending, top income tax rates and immigration. You're unlikely to find much beyond the abstract and theoretical about their effects on economic welfare.
So you can still argue that your policy will make people better off, even if the economic evidence on GDP is unambiguously against you.
Even if you couldn't, it still wouldn't matter. Economists don't run the economy, ordinary people are all too ready to dismiss them in favour of their prejudices and politicians are all to happy to sacrifice economic welfare for political reasons. And, of course, campaign funding and personal reasons.
(As an aside, for the US working hours and inequality should probably be at the top of the economic-welfare list....though infrastructure needs a serious kick up the arse there, too, AFAICT).