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Reply #23: I noted something earlier that a few people might want to consider [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-28-10 07:10 PM
Response to Reply #21
23. I noted something earlier that a few people might want to consider
If the cuts are providing about .30 cents of stimulus per dollar cut, and their multiplier as a stimulus would be $1.3 per every dollar spent, then they are only really putting an additional $1 dollar for every dollar spent into the economy than the status quo. Something to consider when comparing the total amount against the output gap.
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