i.justrealized

Rachel Maddow explains why to save the economy is to spend money and not to provide tax cuts and so on. Rachel Maddow Show – “…get out of the way of people who are actually trying to save the country.”

Rachel Maddow Show – “…get out of the way of people who are actually trying to save the country.”

• $1.00 in non-refundable tax rebates results in $1.02 of economic activity
• $1.00 in infrastructure spending results in $1.59 of economic activity
• $1.00 in food stamp spending results in $1.73 of economic activity.

USA dropped a stimulus package that is worth some 800 billion. Now I’m actually wondering what’s “bullpucky”, turns out it is a more polite way to say “bullshit”. Hmm… Then don’t say it! It ruins the whole point of using the word “bullshit”, if you can’t say it, don’t.

Possibly related:

1. The unlit MacBook power indicator
2. Singapore productivity is at 60—70%
3. The Ridz.sg show
4. McCain camp pulls out of tech debate

This entry was posted on Sunday, February 8th, 2009 at 2:49 pm and has been tagged bailout, economy, government, policy, rachel maddow, stimulus, usa. Comments RSS feed.