Comment by Brian_K_White
1 day ago
As though every single dollar of public spending didn't return about 30x in ultimate value vs the best you can get from those same dollars in your pocket, even with the waste.
As though everyone agrees which bits are even the waste.
What research did you have in mind that would suggest anything like a 30X fiscal multiplier?
Public spending efficiency is generally understood to range not that far from 1.00, depending on current economic conditions: Better in a recession, worse in an expansion.