The Government Spends $100 on Bondholders for Every Dollar It Spends on Children

Okay, I made up that number, but suppose that I did calculate the amount of money that average holder of government bonds gets in interest each year and compared it to what we spent on children. According to the logic that they use at the Urban Institute (as recounted by Ezra Klein) I would have demonstrated a tendency for our government to favor bondholders at the expense of our nation's children.

The sophisticates out there would surely point out that bondholders paid for their bonds and th...