100 Economics Question of the Day: An Intermittent Blog: Multiplier Effects, Real-World Version

Thursday, December 08, 2005

Multiplier Effects, Real-World Version

Two 'grafs together, two worlds apart:

On Thursday, House leaders hope to win approval for their top priority this week: a $56 billion tax cut that would extend President Bush's tax cuts for stock dividends.

House and Senate Republican leaders also edged closer on Wednesday toward an agreement to cut as much as $45 billion over the next five years from domestic programs like Medicaid, food stamps, student loans and child-support enforcement.

Nice to know my tax savings are being used to make certain people don't eat, don't see a doctor, don't go to school, and don't fulfill their legal obligations.

Would hate to think the new DVD burner I can buy with the savings is a waste of money.


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