Donkey Punch

January 29, 2008

Some Stimulus Facts

Filed under: Food Stamps, Politics, Subsidies — t4toby @ 3:25 pm

foodstamps.jpg

Via Principal Blackman

From CNNMoney.com:

…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…

The report pointed to expanding unemployment benefits as the program that gets the next biggest bang for the buck… For every dollar spent here, the economy would see a return of $1.64

…business incentives such as tax breaks for buying new equipment – so-called accelerated depreciation – would give the least bang for the buck and potentially provide the slowest infusion of money. A dollar spent there would generate only 33 cents in the economy because…it takes longer for businesses to implement any benefit received.

What can I add to that?

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