This graph provided by Moody proves what is the most effective economic stimulator

[RandomVariable]

wow left-wing loon; if we just had as many people as possible unemployed and on food stamps and/or welfare then the unemployment and welfare situation would fix itself?

so you left-wing idiots really DO believe that?

You are really struggling not to see the truth, aren't you?

Fact -> There are a certain number of people who are not currently working.
Fact -> Getting those people working increases the economy.
Fact -> Giving people who need them food stamps help people get back to work.
Not Fact -> Cutting the top tax rate is a more effective means of growing the economy than giving more money to the SNAP program.
Not Fact -> You are smarter than a first grader.
[Edit] Fact -> People with lots of money and contribute to the Republican Party want their taxes cut and give a shit about anyone else or their country.

 

[The Rabbi]

wow left-wing loon; if we just had as many people as possible unemployed and on food stamps and/or welfare then the unemployment and welfare situation would fix itself?

so you left-wing idiots really DO believe that?

You are really struggling not to see the truth, aren't you?

Fact -> There are a certain number of people who are not currently working.
Fact -> Getting those people working increases the economy.
Fact -> Giving people who need them food stamps help people get back to work.
Not Fact -> Cutting the top tax rate is a more effective means of growing the economy than giving more money to the SNAP program.
Not Fact -> You are smarter than a first grader.
[Edit] Fact -> People with lots of money and contribute to the Republican Party want their taxes cut and give a shit about anyone else or their country.

Only some of those are facts. Most are opinions. Many of them wrong.
How does giving people food stamps get them back to work?
How is increasing incentives for hard work worse than additional dole for the economy?
The biggest millionaires contribute to the Democrats.

 

[JakeStarkey]

Anybody that would question a Moody analysis is a "consensus" critiquer: moron.

 

[RandomVariable]

wow left-wing loon; if we just had as many people as possible unemployed and on food stamps and/or welfare then the unemployment and welfare situation would fix itself?

so you left-wing idiots really DO believe that?

You are really struggling not to see the truth, aren't you?

Fact -> There are a certain number of people who are not currently working.
Fact -> Getting those people working increases the economy.
Fact -> Giving people who need them food stamps help people get back to work.
Not Fact -> Cutting the top tax rate is a more effective means of growing the economy than giving more money to the SNAP program.
Not Fact -> You are smarter than a first grader.
[Edit] Fact -> People with lots of money and contribute to the Republican Party want their taxes cut and give a shit about anyone else or their country.

Only some of those are facts. Most are opinions. Many of them wrong.
How does giving people food stamps get them back to work?
How is increasing incentives for hard work worse than additional dole for the economy?
The biggest millionaires contribute to the Democrats.

If a woman has the money to go out and buy a nice blouse to wear to a job interview do you think she is more likely to get the job than if she has to wear one with a stain from baby burp on the front of it? Do you think if a guy buys a $200 shirt for a job interview he is more likely to get the job than if he wears the $200 shirt he bought yesterday? (Not that the super rich go to 'job interviews' in the first place.)

 

[HereWeGoAgain]

That anyone believes the crap the OP put up,tells me this country is in serious trouble.
Atlas Shrugged......

 

[kiwiman127]

I would think an actual increase in wages would be the best being as they have been so flat for over three decades, Then the consumer class would have more expendable income to boost the economy while working instead of sitting on their wallets.

 

[Erand7899]

As you can see food stamps and unemployment insurance are the most effective economic stimulators. You see poor people who would otherwise be not spending money are spending money. Every dollar spent on these programs creates economic growth. Tax cuts on the other hand only slow the economy. Extending unemployment insurance was the heart of Obama's stimulus package. That is why it created 2.5 million jobs. The more facts we learn the more we realize just how much bullshit republicanism really is.

Why Extended Federal Unemployment Benefits Boost the Economy

I'm not sure who is dumber. You or the author of the article. I'm leaning toward you for believing this shit.



What a load of crap. A dollar spent in retail can't possibly inflate itself beyond that dollars end value. If it did then the clerks, truckers and the farmers all had to lose money to bring that dollar item to the consumer.

To provide a dollar item at the store all of those that contributed to the item must have their costs and profit when added up all fall within that dollar. If they can't do that the item must be sold for more money. That means the store has to stock the item, shelve it, pay a cashier and make profit on a portion of that dollar. The trucker has to pay for a driver, the rig, the insurance, the road taxes and profit within a portion of that same dollar. The farmer must also abide by the same guidelines all within a small portion of that dollar.

At no point in this chain can anyone involved exceed that dollar by a single penny let alone another 64 cents. If that happens one or all of them lose money and go out of business.

Here's a really easy explanation of the Multiplier Effect for you.
It's a little complicated but stick with it.
It's got some cool pictures that you can look at when your brain gets tired and you need to rest.

Multiplier Effect Explained | ROM Economics

How does it work?

An injection occurs in the economy, such as an increase in government spending.
The injection increases the aggregate demand in the economy for goods and services.
The increase in demand for goods and services causes firms to employ more workers and expand output.
As firms are employing more workers, more people have disposable incomes and subsequently the aggregate demand increases in the economy.
The increases in aggregate demand causes firms to employ more workers and the effect continues as before.

You have the multiplier effect down to a tee, but you forget a few minor points that makes your analysis sophmoric. All products are not created economically equal, and therefore, all consumer spending is not economically equal. The purchase of food creates little, if any multiplier effect, because the supply is adequate to demand, and no additional production will be created any where in the supply chain. People already have a place to live, and a small increase in their disposable income will not cause them to move, or pay additional rent. Very little multiplier effect.

However, if consumers purchase durable goods like washing machines, dryers, water heaters, automobiles, boats, etc., then the multiplier effect works and works well. Such purchases create a marginal reaction down the production chain, clear back to the miners who mine the iron ore and the copper ore. However, if that production chain is overseas, then the marginal reaction happens overseas, and not here.

Unemployment checks cannot possibly create a multiplier effect, because they merely replace a portion of a much larger pay check, and are therefore marginally negative to the economy. Food stamps have a negligible effect because they cause little if any increase in an already adequate food supply. Excess food is tossed on a daily basis.

A $500 dollar payroll tax reduction, equates to about $42 a month, and is not going to cause any consumer spending sprees. The average person will use it to pay down credit card debt, switch from hamburger to steak once in a while, eat out a couple times per month, or even go see a ball game. Not much multiplier effect anywhere in that scenerio. Just another feel good, see, we are doing something, liberal/socialist lie.

 

[JakeStarkey]

The far right wing has now embraced denial socially, politically, economically, and culturally.

Fact.

 

[RandomVariable]

I would think an actual increase in wages would be the best being as they have been so flat for over three decades, Then the consumer class would have more expendable income to boost the economy while working instead of sitting on their wallets.

I looked some and could not find a hard and fast number for return on investment for raising the minimum wage. I expect the variables have too large of a range. It has been well researched to have a positive economic affect as well as improving the business model. Looking at the nature of the chart from the OP putting money where there currently is none seems to be the best measure of multiplier which would put minimum raise increase in the top four.

 

[bedowin62]

I would think an actual increase in wages would be the best being as they have been so flat for over three decades, Then the consumer class would have more expendable income to boost the economy while working instead of sitting on their wallets.

I looked some and could not find a hard and fast number for return on investment for raising the minimum wage. I expect the variables have too large of a range. It has been well researched to have a positive economic affect as well as improving the business model. Looking at the nature of the chart from the OP putting money where there currently is none seems to be the best measure of multiplier which would put minimum raise increase in the top four.

higher poverty; record welfare and food stamps under obama. You look like a complete idiot deending the indefensible. It is what it is; PROGRESSIVE FAILURE


own it

 

[CrusaderFrank]

As you can see food stamps and unemployment insurance are the most effective economic stimulators. You see poor people who would otherwise be not spending money are spending money. Every dollar spent on these programs creates economic growth. Tax cuts on the other hand only slow the economy. Extending unemployment insurance was the heart of Obama's stimulus package. That is why it created 2.5 million jobs. The more facts we learn the more we realize just how much bullshit republicanism really is.

Why Extended Federal Unemployment Benefits Boost the Economy

This is why Progressive economies are the world's poorest

 

[JakeStarkey]

As you can see food stamps and unemployment insurance are the most effective economic stimulators. You see poor people who would otherwise be not spending money are spending money. Every dollar spent on these programs creates economic growth. Tax cuts on the other hand only slow the economy. Extending unemployment insurance was the heart of Obama's stimulus package. That is why it created 2.5 million jobs. The more facts we learn the more we realize just how much bullshit republicanism really is.

Why Extended Federal Unemployment Benefits Boost the Economy

This is why Progressive economies are the world's poorest

Finally, you got it right. When we cater to the rich at the expense of everyone else, the economy suffers.

You can learn!

 

[CrusaderFrank]

So lowering unemployment and getting off food stamps and on a payroll hurts the Progressive economy

 

[CrusaderFrank]

As you can see food stamps and unemployment insurance are the most effective economic stimulators. You see poor people who would otherwise be not spending money are spending money. Every dollar spent on these programs creates economic growth. Tax cuts on the other hand only slow the economy. Extending unemployment insurance was the heart of Obama's stimulus package. That is why it created 2.5 million jobs. The more facts we learn the more we realize just how much bullshit republicanism really is.

Why Extended Federal Unemployment Benefits Boost the Economy

This is why Progressive economies are the world's poorest

Finally, you got it right. When we cater to the rich at the expense of everyone else, the economy suffers.

You can learn!

Jake, your Marxist economic ideology has a 100% Guaranteed Fail and they've never had to pay up on the Guarantee even once; it's failed every time.

Russia, China and Vietnam have all left your Marxist economic thought on the ash heap of history

 

[bedowin62]

The far right wing has now embraced denial socially, politically, economically, and culturally.

Fact.

....................said the idiots from the loony Left deluded enough to still be calling the RECORD WELFARE AND FOOD STAMPS happening on their watch "forward progress"

libs are laughable losers who lie to themselves

 

[Mac1958]

Jake, your Marxist economic ideology has a 100% Guaranteed Fail and they've never had to pay up on the Guarantee even once; it's failed every time.

Russia, China and Vietnam have all left your Marxist economic thought on the ash heap of history

The Left is committed to more centralized, authoritarian federal bureaucracy.

No matter what.

Just the latest example.

.

 

[CrusaderFrank]

The far right wing has now embraced denial socially, politically, economically, and culturally.

Fact.

So Jake, if everyone was on food stamps, we'd have a booming economy

Jake's ideas fail.

Fact

 

[JakeStarkey]

The far right wing has now embraced denial socially, politically, economically, and culturally.

Fact.

So Jake, if everyone was on food stamps, we'd have a booming economy

Jake's ideas fail.

Fact

Snap, I thought you understood. My bad.

Analysis has never been your strength.

 

[bedowin62]

The far right wing has now embraced denial socially, politically, economically, and culturally.

Fact.

So Jake, if everyone was on food stamps, we'd have a booming economy

Jake's ideas fail.

Fact

Snap, I thought you understood. My bad.

Analysis has never been your strength.

the Progressive record is one of failure. it is what it is. you have no business speaking on analysis when you are in denial and refuse to analyze your own record. your chart is as useless as you are

 

[CrusaderFrank]

Mark Zandi is like Paul Krugman working at Moody's. Zandi, the author of the stupid chart in the OP is about 180 degrees wrong on everything

The Abysmal Track Record of Moody?s Mark Zandi | The Big Picture