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Politics : Formerly About Advanced Micro Devices
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steve harris
To: neolib who wrote (751691)11/7/2013 6:26:32 PM
From: mel2212 Recommendations  Read Replies (1) of 1578294
 
>> Its the same sort of arithmetic used to say that if the Government spends a tax dollar, the tax came from somewhere else and hence there was an offsetting reduction in spending somewhere else so the net effect of Government stimulus must be zero.

I have a dollar and you don't.

I spend the dollar and affect GDP.

You take the dollar from me and spend it and affect GDP.

Who affected GDP more? And please, feel free to show your math.
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