Adding total factor productivity projects and investments to long term bonds to increase the growth rate of total factor productivity have to be non-partisan. Projects that appeal to both conservatives and liberals have to be included in such a program. This is particularly true if the Federal Reserve buys bonds with TFP investments in them as part of Quantitative Easing. The Fed can’t just buy bonds targeting districts that are conservative or liberal or one party over the other.
It is important the projects are evidence based to increase the growth rate of TFP. These can help fund many projects associated to schools. Mercury testing of women of child-bearing age is one example of a long term gain for total factor productivity.
