re: What is the economic impact of dropping bags of cash?

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But if the economic impact is a net positive then isn't that more for everyone? Do people who provide the goods and services bought with the money not pay income taxes? What about all the jobs that it would create? Net positive economic impact. Isn't that the gold standard?

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If it were only that easy

It's likely that the money wouldn't have the big local impact that you think it might. There isn't necessarily a multiplier effect. If anything all the money will just get taxed multiple times as it is quickly spent and you'd have a multiplier effect of less than 1.