Accomplishments of President Obama

Happy Monkey · 02-17-2010, 12:39 PM

Her point is that other things the government did helped, too? I don't see the "not so fast" connection.

Her main complaint seems to be that the "multiplier" for money spent compared to GDP growth is too high. But the NYT article brings up the factor of money promised. When the states anticipated getting stimulus money, they began spending their money again. As the stimulus money is still being allocated, that effect will continue. So the multiplier should take into account some portion of the amount allocated, not just the amount spent.

Also, yes, there were other economic efforts going on at the same time.

02-17-2010, 12:39 PM	#11
Happy Monkey I think this line's mostly filler. Join Date: Jan 2003 Location: DC Posts: 13,575	Her point is that other things the government did helped, too? I don't see the "not so fast" connection. Her main complaint seems to be that the "multiplier" for money spent compared to GDP growth is too high. But the NYT article brings up the factor of money promised. When the states anticipated getting stimulus money, they began spending their money again. As the stimulus money is still being allocated, that effect will continue. So the multiplier should take into account some portion of the amount allocated, not just the amount spent. Also, yes, there were other economic efforts going on at the same time. __________________ _________________ \|...............\| We live in the nick of times. \| Len 17, Wid 3 \| \|_______________\| [pics]

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