Friday, February 6, 2009

Numbers on the Effectiveness of Stimulus Spending

(Sorry I haven't blogged about my personal goings-on in a week. Your e-mails of concern have been duly noted.)

Check out this chart from the Congressional Budget Office. It basically lays out the usual expected results of government stimulus spending. It can be read as follows: For every $1 spent on [blank], it historically yields between $[high] and $[low] of increase in the Gross Domestic Product. (Note where tax cuts come in on the list: At the bottom.)

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