3 ms·
Like high viral coefficients, the marginal propensity to consume at (or even above) 1.0 has a huge multiplier effect that beats the heck out of a tax cut or oth
by sailfast 7y ago
Like high viral coefficients, the marginal propensity to consume at (or even above) 1.0 has a huge multiplier effect that beats the heck out of a tax cut or other spending.
Agreed, and this makes total sense in a crisis like this.
Even better: folks will actually need the money and it will be doing some concrete good, quickly.
- mrmonkeyman 7y agoLike hoarding toiletpaper.