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A Primer on Preventive Spending

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If governments did more preventive spending, they’d save money in the longer term. That’s the premise of a report released last fall by the National Council of Welfare, a document that included some pretty convincing examples.

The principle is the same as ensuring you give your vehicle regular tuneups. It’s a “pay-now agenda” to avoid greater costs in the long term related to the possible breaking down of your car.

The report points out that ...


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