I know, sky is blue, water is wet.
http://money.cnn.com/2008/01/29/news/economy/stimulus_analysis/index.htm?postversion=2008012913
The industry research firm Moody’s Economy.com tracked the potential
impact of each stimulus dollar, looking at tax rebates, tax incentives
for business, food stamps and expanding unemployment benefits.
The report found that “some provide a lot of bang for the buck to the
economy. Others … don’t,” said economist Mark Zandi.
In findings echoed by other economists and studies, he said the study
shows the fastest way to infuse money into the economy is through
expanding the food-stamp program. For every dollar spent on that
program $1.73 is generated throughout the economy, he said.
“If someone who is literally living paycheck to paycheck gets an extra
dollar, it’s very likely that they will spend that dollar immediately
on whatever they need – groceries, to pay the telephone bill, to pay
the electric bill,” he said.
--
Yang
a.a.#28
"I can hardly wait for your head to explode when the Repubs hold onto
both houses of Congress this November. And Yang can quote me on that."
-Fred Stone, 6/14/2006
"FRED STONE YOU GOT PWNED. "
-laleeloolelo <at> yahoo, 12/28/2007
"Face it, Fred, you've been pwn3d."
-Bill Baker, 12/21/2007
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