To: Sam Gamgee
Would you be a little more specific as regards the Multiplier Effect. Was this part of the “General Theory...”?
14 posted on
08/20/2012 1:13:47 PM PDT by
arrogantsob
(Obama MUST Go. Sarah herself supports Romney.)
To: arrogantsob
The multiplier effect argues that if government spends $100 million to build a bridge, that it will generate $199 in economic activity. What the theory omits is that $100 was removed from the private sector, thus reducing economic activity there.
16 posted on
08/22/2012 3:20:33 PM PDT by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
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