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Debt, Spending, & Keynesian Foolishness
#94
It's simpler than that. The entire basis for the stimulus is found in a footnote in the back of the bills in which Christina Romer wrote that for every $1 taken out of the free market by the government and redistributed as stimulus, $1.50 of it is regenerated.

This is the factor that enabled the crafters of the bill to gin up any number they wanted - the bigger the better. Of course there is no economist except Romer who supporteds that statement. The general belief that is held by almost every single economist on Earth is that when you take $1 out of the economy and redistribute it - only about eighty cents is regenerated: a net loss of 20% at a minimum.
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[No subject] - by Palladin - 03-07-2010, 09:34 AM
[No subject] - by Gunnen4u - 03-11-2010, 07:27 PM
[No subject] - by John L - 03-11-2010, 08:09 PM
[No subject] - by Gunnen4u - 03-11-2010, 08:15 PM
[No subject] - by jt - 03-12-2010, 04:20 PM
[No subject] - by Fredledingue - 03-13-2010, 03:18 PM
[No subject] - by John L - 06-03-2010, 04:27 PM
[No subject] - by jt - 06-03-2010, 06:07 PM
[No subject] - by John L - 06-03-2010, 06:58 PM
[No subject] - by jt - 06-03-2010, 07:06 PM
[No subject] - by Palladin - 06-03-2010, 07:18 PM
[No subject] - by Fredledingue - 06-06-2010, 05:15 PM
[No subject] - by TheMan - 06-07-2010, 03:40 AM
[No subject] - by WmLambert - 06-08-2010, 08:16 PM
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[No subject] - by mr_yak - 06-27-2010, 02:34 PM
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[No subject] - by WmLambert - 06-27-2010, 03:58 PM
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[No subject] - by John L - 06-27-2010, 06:47 PM
[No subject] - by Gunnen4u - 06-27-2010, 06:52 PM
[No subject] - by John L - 06-28-2010, 12:04 PM
[No subject] - by John L - 06-28-2010, 12:08 PM
[No subject] - by John L - 06-28-2010, 03:31 PM
[No subject] - by Palladin - 06-28-2010, 03:46 PM
[No subject] - by John L - 06-28-2010, 04:14 PM
[No subject] - by WmLambert - 06-28-2010, 04:52 PM
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[No subject] - by John L - 07-08-2010, 07:56 PM
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[No subject] - by John L - 07-08-2010, 08:23 PM
[No subject] - by mr_yak - 07-08-2010, 08:36 PM
[No subject] - by Huh...What? - 07-09-2010, 11:34 AM
[No subject] - by John L - 07-09-2010, 02:11 PM
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[No subject] - by mv - 08-05-2010, 01:05 AM
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[No subject] - by John L - 10-13-2010, 03:51 PM
[No subject] - by John L - 10-25-2010, 06:09 PM
[No subject] - by John L - 10-25-2010, 06:09 PM
[No subject] - by mr_yak - 10-26-2010, 12:38 AM
[No subject] - by mr_yak - 10-26-2010, 12:38 AM
[No subject] - by John L - 10-26-2010, 01:36 AM
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[No subject] - by Brooklyn - 10-26-2010, 01:04 PM
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[No subject] - by John L - 10-26-2010, 01:18 PM
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[No subject] - by mr_yak - 10-26-2010, 11:11 PM
[No subject] - by quadrat - 10-29-2010, 09:26 PM
[No subject] - by John L - 11-24-2010, 04:00 PM
[No subject] - by John L - 12-08-2010, 08:35 PM
[No subject] - by jt - 12-09-2010, 07:04 PM
[No subject] - by John L - 12-09-2010, 08:22 PM
[No subject] - by John L - 01-31-2011, 10:44 AM
[No subject] - by WmLambert - 01-31-2011, 12:39 PM
[No subject] - by John L - 04-15-2011, 04:38 PM
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[No subject] - by John L - 04-25-2011, 09:49 PM

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