4 ms·
Could you point to the part of the paper that you're drawing these conclusions? It's been a while since I've done serious econ work, but I'm not seeing a spendi
by Tyrek 5y ago
Could you point to the part of the paper that you're drawing these conclusions? It's been a while since I've done serious econ work, but I'm not seeing a spending variable when I scan through the paper.
- mempko 5y agoThat's my point, the paper doesn't answer the counterfactual or even hint at what the answer would be. You implied higher taxes allow the government to spend more, but this is not true since the government doesn't need taxes to spend. In other words, taxes are not necessary for spending.