Tuesday, December 9, 2008
The Most Bang for the Buck
An article by economist James K. Galbraith contains a chart - based on information from Moody's and congressional testimony - showing the most bang for the buck from government stimulus programs:
What a dollar of stimulus puts back into the economy when spent on...
(Click here for full image).
Of course, there will be a fierce debate about whether there is the money for any stimulus program, when the government has already run up huge obligations for which it cannot pay.
And of course, if there is a stimulus plan, people will argue as to who should receive the stimulus based on ideology (Galbraith is liberal, so he argues for liberal causes).
I'm not going to weigh in on any of these questions. I'm just sharing the info presented in the chart.
1 comment:
→ Thank you for contributing to the conversation by commenting. We try to read all of the comments (but don't always have the time).
→ If you write a long comment, please use paragraph breaks. Otherwise, no one will read it. Many people still won't read it, so shorter is usually better (but it's your choice).
→ The following types of comments will be deleted if we happen to see them:
-- Comments that criticize any class of people as a whole, especially when based on an attribute they don't have control over
-- Comments that explicitly call for violence
→ Because we do not read all of the comments, I am not responsible for any unlawful or distasteful comments.
Posts
Buy Warcraft(wow power leveling)please point machine to enter the website(wow power leveling)of Warcraft
ReplyDelete