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One can get a higher multiplier effect from other types of programs than from tax cuts. You can look this up. The rest of what I said was an opinion because i
by yequalsx 16y ago
One can get a higher multiplier effect from other types of programs than from tax cuts. You can look this up. The rest of what I said was an opinion because it was in response to the Krauthammer article that said that liberals should be happy with what Obama has done. I'm a liberal and I'm not happy and I stated why.
- yummyfajitas 16y agoYou can look this up. And when you do, you'll discover various activists with an agenda pushing speculation and prediction backed by gigantic statistical formulae. And this is even taking the neo-Keynesian picture of the economy as a proven truth (as opposed to a wildly oversimplified model based on assumptions known to be false). (Note: not trying to imply that any other macroeconomic prediction models are much better.)