I would call it rather a back of the envelope calculation, but if the multiplyer is too small, then you increase dept more than GDP. So yes, the policy of a sti

I would call it rather a back of the envelope calculation, but if the multiplyer is too small, then you increase dept more than GDP. So yes, the policy of a stimulus program still needs to be good enough, my point is that after a certain point you will not get out of financial trouble by cutting spending.