If you are unsure of Dr. Maddow's qualifications for having an opinion on this matter please see "Part 1" of this disucssion that was posted on Feb 5th.
Your quiz today: Which of the following creates the GREATEST amount of economic activity per $1.00 spent:
A. Food Stamps
B. Tax Cuts (Nearly the COMPLETE focus of the Republicans)
C. Infrastructure (Spending)
The answer is found about 3/4ths of the way through the video below (You can drag the scroll bar till you get to this discussion). HINT: The weakest source of stimulus is "B".
Please note: the source for the answer comes from "Moody's Economy". If you are not familiar with them, I quote from their website http://www.economy.com/"Our Focus: Moody's http://www.economy.com/, a division of Moody's Analytics, is a leading independent provider of economic analysis, data, and forecasting and credit risk services. Our Clients: Our worldwide client base includes the largest commercial and investment banks, insurance companies, financial services firms, mutual funds, governments at all levels, regulators, manufacturers, utilities, and industrial and technology companies."
I rest my case!
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