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

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Let's say the state decided to drop $100 million in bags of cash on "disadvantaged" neighborhoods.

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In one year there would be no difference.

On the other hand, give that $100 million to proven entrepreneurs and tell them the money must be spent on developing businesses in those communities - it won't be pretty, because things change slowly, but that will do everyone a better service.

Don't be mad because it's true.