southpol: As money is spent, it creates beneficial ripples through the entire economy. The evidence is that most of the money from the recent tax rebate was saved rather than spent, thus blunting its stimulative benefit. By comparison, other options—such as infrastructure spending, aid to states, food stamps, and unemployment insurance (UI) benefits—are much more cost-effective because they target the needs most likely to channel money back into the economy. A meaningful stimulus for Main Street Forget the possibility of a stimulus, this shows that trickle down economics is bad policy.

southpol:

As money is spent, it creates beneficial ripples through the entire economy. The evidence is that most of the money from the recent tax rebate was saved rather than spent, thus blunting its stimulative benefit. By comparison, other options—such as infrastructure spending, aid to states, food stamps, and unemployment insurance (UI) benefits—are much more cost-effective because they target the needs most likely to channel money back into the economy.

A meaningful stimulus for Main Street

Forget the possibility of a stimulus, this shows that trickle down economics is bad policy.

Notes

  1. dloosely reblogged this from southpol and added:
    While i sure would like another check...Uncle Sam, i could live with something like this.
  2. mattlehrer reblogged this from southpol and added:
    a stimulus, this shows that trickle down economics is bad policy.
  3. southpol posted this