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Economy

FogerRox

(13,211 posts)

3. Infrastructure multplier is

Reply to patrice (Reply #2)

Wed Apr 10, 2013, 09:11 PM

Apr 2013

2 to 2.5, in a recession use 2.5. In Good times use 2.

We have a 15 trillion dollar economy. 6% of GDP (15trillion times 6%) is 900 billion, times 2.5% equals 22.5 million jobs created.

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23 million [View all] FogerRox Apr 2013 OP

Yeah but those 23 million would have to be paid for those jobs tularetom Apr 2013 #1

LOL, no I dont choose to understand the new economy, it doesnt understand me. FogerRox Apr 2013 #4

Would you break that down for the un-initiated a little, please? Sentences would help me. nt patrice Apr 2013 #2

Infrastructure multplier is FogerRox Apr 2013 #3

Okay. If the US would return to the same percentage on spending for infrastructure that mbperrin Apr 2013 #5

Excellent job. I'm in a data geek mode FogerRox Apr 2013 #7

Your data was excellent. I teach economics to 18 year olds, mbperrin Apr 2013 #9

Me: Self taught. Whats crazy is FogerRox Apr 2013 #11

We need a new Congress to make it happen. nt patrice Apr 2013 #8

Oh yeah, I hate its not even being talked about. FogerRox Apr 2013 #10

The U6 unemployment figure is 13.8% FogerRox Apr 2013 #6