The Multiplier Shows That Not All Government Spending Is Equal
Written by Econintersect Guest
– this post authored by Richard Murphy, Tax Research UK
The government wants to cut its spending. It says we cannot afford it. The claim is that if we have to borrow or increase taxes to spend then that must mean we can’t afford things like more education or healthcare. But they are wrong. We should spend, now. Let me explain.
Source: http://econintersect.com/pages/opinion/opinion.php?post=202108242327
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