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re: GOP tax document reveals plan for massive tax cuts, preserves key deductions
Posted on 9/27/17 at 11:54 am to 90proofprofessional
Posted on 9/27/17 at 11:54 am to 90proofprofessional
Lowering public spending by a dollar in order to get a dollar increase in private spending is net 0 for economy
1
Posted on 9/27/17 at 11:57 am to HailHailtoMichigan!
pretty sure we've been over this. you have to make some strong assumptions about the (economic) efficiency of both types of spending to conclude that. you also have to assume that the dollar of private spending would have in fact been spending, and not something else like investment
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